ETH Dominance Excluding Stablecoins.
The purpose of the script is to show Ethereum's strength relative to other cryptocurrencies.
Pretty much shows ETH Dominance in comparison to Market Cap once we exclude the 5 largest stablecoins.
🔰Overview
Charts are an essential part of working with data, as they are a way to condense large amounts of data into an easy to understand format. Visualizations of data can bring out insights to someone looking at the data for the first time, as well as convey findings to others who won’t see the raw data. There are countless chart types out there, each with...
.srb BTC dominance excl.ETH Chart
Thanks for BTC dominance excl.ETH Idea to @BLUE43 on tradingview.
The script (originaly .srb) may be freely distributed under the MIT license.
Basic calc :
BTC.D excl.ETH = ( CRYPTOCAP:BTC / ( CRYPTOCAP:TOTAL - CRYPTOCAP:ETH )) * 100
You can switch Candle - Line
On/Off Tracking line
On/Off Last Price Label
On/Off BTC.D...
This script aims to identify who the current market leader is between 3 participants, BTC , ETH and ALTS & ETH combined.
Colour coded so you can identify what is what in the settings - Default setting are: BTC = Orange, ETH = Blue and ALTS & ETH = White.
There is also a line to identify the market movement in relation to amount of Tether currently in...
