Best crypto for day trading

Screening Filters

1. turnover_24h: {'min': '10000000'}

   • Purpose: To ensure the selected cryptocurrencies have a high trading volume within the last 24 hours.
   • Rationale: High turnover indicates significant market activity and liquidity, which is essential for day trading. Liquid assets allow traders to enter and exit positions quickly without significant price slippage.

2. volatility_24h: {'min': '5'}

   • Purpose: To filter for cryptocurrencies with at least 5% price movement in the last 24 hours.
   • Rationale: Day traders rely on price fluctuations to generate profits. Higher volatility increases the potential for short-term gains, making these assets more attractive for day trading strategies.

3. price_change_pct_24h: {'min': '2'}

   • Purpose: To identify cryptocurrencies that have already shown upward momentum with at least a 2% price increase in the last 24 hours.
   • Rationale: Positive price movement can indicate strong market sentiment or a potential trend continuation, which is valuable for day traders looking to capitalize on short-term gains.

4. is_trending: True

   • Purpose: To focus on cryptocurrencies that are currently trending in the market.
   • Rationale: Trending assets often attract more attention from traders, leading to increased liquidity and volatility. This makes them ideal candidates for day trading, as they are more likely to experience significant price movements.

Why Results Match:

• The filters collectively ensure that the cryptocurrencies identified are highly liquid, volatile, and currently experiencing upward momentum, which are all critical factors for successful day trading.
• By focusing on trending assets, the screener narrows down the list to cryptocurrencies that are actively being traded and discussed, increasing the likelihood of finding profitable opportunities.
• The combination of high turnover, volatility, and positive price change ensures that the results are aligned with the user's goal of identifying the best cryptocurrencies for day trading.