Screening Filters & Rationale
price_change_pct_24h (max: 5):
- Purpose: Identify cryptocurrencies with minimal price fluctuations over the past 24 hours.
- Rationale: Low price change indicates stability, making them less likely to experience sudden upward movements, which is favorable for shorting.
turnover_24h (min: 1,000,000):
- Purpose: Focus on cryptocurrencies with high trading activity.
- Rationale: High turnover ensures liquidity, allowing for smoother entry and exit when shorting with leverage.
volatility_24h (min: 20):
- Purpose: Target cryptocurrencies with significant price swings in the last 24 hours.
- Rationale: High volatility increases the potential for profitable shorting opportunities.
moving_average_relationship (PriceBelowMA5, PriceBelowMA20, PriceCrossDownMA5, PriceCrossDownMA20):
- Purpose: Select cryptocurrencies trading below short-term and medium-term moving averages.
- Rationale: This indicates a bearish trend, aligning with the strategy of shorting for potential gains.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.