RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Bitcoin v Crypto
A month ago this really looked like it was gaining strength. But the very recent drop might be short term or might be the start of a worse slide? In the shorter term the % of cryptos above their 20 and 50 day EMAs [11 & 12] has strengthened as had the Silver Cross Index [14]. The % cryptos above their 200 day EMAs [13] and Gold Cross Index [15] has started to strengthen from basically being as low as they could be. With hindsight I was a little too keen with my own recent (modest) crypto purchases.