Screening Filters & Rationale
price_change_pct_24h (min: 2%):
- Purpose: Identify cryptocurrencies with significant short-term price momentum.
- Rationale: A minimum 2% price change in 24 hours suggests active market interest and potential for day trading opportunities.
turnover_24h (min: $1,000,000):
- Purpose: Focus on cryptocurrencies with high trading activity.
- Rationale: High turnover ensures liquidity, allowing for easier entry and exit during trades.
volatility_24h (min: 5%):
- Purpose: Target assets with sufficient price fluctuations for profitable day trading.
- Rationale: A minimum 5% volatility indicates enough movement to capitalize on intraday price swings.
is_trending (true):
- Purpose: Select cryptocurrencies currently gaining attention in the market.
- Rationale: Trending assets often experience increased trading volume and volatility, aligning with short-term profit strategies.
rsi_category (moderate, oversold):
- Purpose: Identify cryptocurrencies with favorable Relative Strength Index (RSI) conditions.
- Rationale: Moderate or oversold RSI levels suggest potential for price recovery or continuation of upward momentum.
price (max: $103):
- Purpose: Ensure affordability within the user's budget.
- Rationale: Filtering by price ensures the selected cryptocurrencies are accessible for investment with $103.
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.