Crypto Breadth % Above 200DMA

This Pine Script indicator measures crypto market breadth by calculating the percentage of selected cryptocurrencies trading above their 200-day moving average (200DMA).
It tracks 10 major coins (BTC, ETH, BNB, SOL, XRP, ADA, DOGE, DOT, LINK, LTC), checks whether each coin’s price is above its 200-day SMA, and then computes the percentage of those coins that are in an uptrend.
The result is plotted as a breadth indicator (0–100%):
Above 70% → strong market breadth (many coins in uptrend)
Below 40% → weak breadth (few coins in uptrend)
Traders use it to gauge overall crypto market strength rather than a single coin’s performance.
It tracks 10 major coins (BTC, ETH, BNB, SOL, XRP, ADA, DOGE, DOT, LINK, LTC), checks whether each coin’s price is above its 200-day SMA, and then computes the percentage of those coins that are in an uptrend.
The result is plotted as a breadth indicator (0–100%):
Above 70% → strong market breadth (many coins in uptrend)
Below 40% → weak breadth (few coins in uptrend)
Traders use it to gauge overall crypto market strength rather than a single coin’s performance.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.