Here's another interesting one 👀👀 Based on the EMA 200, t

Bearish

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Here's another interesting one 👀👀 Based on the EMA 200, the majority of crypto tokens entered a downtrend. The chart shows basically two things: 1 - If a token is an up-/or downtrend. As shown by the red and green bubbles/areas, 2 - The distance of a bubble to the zero line measures the percentage of the price above/below the EMA 200. Key takeaway 👇 Only ~18% of monitored tokens trade in a long-term uptrend. Additionally, it is interesting to see that many of the larger market cap tokens ( $BTC $ETH $BNB etc.) are among the 18%. Let me know your thoughts 👇

Here's another interesting one 👀👀

Based on the EMA 200, the majority of crypto tokens entered a downtrend.

The chart shows basically two things:
1 - If a token is an up-/or downtrend. As shown by the red and green bubbles/areas,
2 - The distance of a bubble to the zero line measures the percentage of the price above/below the EMA 200.

Key takeaway 👇
Only ~18% of monitored tokens trade in a long-term uptrend. 

Additionally, it is interesting to see that many of the larger market cap tokens ( $BTC  $ETH  $BNB  etc.) are among the 18%.

Let me know your thoughts 👇