Screening Filters
Market Cap ≥ $200M (market_cap: {min: "200000000"})
- Purpose: Focus on mid‑ to large‑cap cryptocurrencies.
- Rationale:
- Larger market-cap coins tend to be more established, less prone to extreme manipulation, and often have better liquidity and tighter spreads—important if you want to enter and exit quickly in the short term.
- This reduces the chance of screening in highly speculative micro‑caps that can be very volatile and illiquid, which is usually not ideal for most short‑term traders.
24h Turnover ≥ $5M (turnover_24h: {min: "5000000"})
- Purpose: Ensure there is sufficient trading volume for short‑term trades.
- Rationale:
- High 24‑hour turnover (trading value) indicates active trading and good liquidity.
- For short‑term buying, you want to make sure you can enter and exit positions quickly without moving the price too much or suffering large slippage.
RSI Category: Moderate or Overbought (rsi_category: ["moderate", "overbought"])
- Purpose: Target coins with current positive or strengthening momentum.
- Rationale:
- Moderate RSI suggests the price is neither oversold nor extremely overheated, often consistent with a healthy uptrend or a consolidation within an uptrend.
- Overbought RSI indicates strong recent buying pressure and upward momentum, which can be attractive for very short‑term traders looking to ride ongoing strength (though it also means higher pullback risk).
- Excluding “oversold” avoids coins that are currently under heavy selling pressure, which may not suit a short‑term buy bias.
Price Above 20‑Day Moving Average (moving_average_relationship: ["PriceAboveMA20"])
- Purpose: Filter for cryptocurrencies in a short‑term uptrend.
- Rationale:
- The 20‑day moving average is a common short‑term trend indicator.
- When price is above the 20‑day MA, it signals that, on average, recent prices are supportive of an uptrend—aligning with a short‑term “buy the strength” approach rather than catching falling knives.
- This is directly consistent with looking for candidates that are already showing positive price action.
24h Price Change Between -5% and +20%
(price_change_pct_24h: {min: "-5", max: "20"})
- Purpose: Avoid extremes in daily price moves while still capturing active, moving coins.
- Rationale:
- Min -5%: Excludes coins that are crashing hard in the last 24 hours (e.g., -20%), which might indicate bad news or breakdowns not ideal for short‑term buying.
- Max +20%: Filters out the most extreme daily spikes, where a large part of the move might already be over and the risk of a sharp reversal is higher.
- The selected range keeps candidates that are active and moving (suitable for short‑term trading) but not at the most extreme ends of volatility.
Why Results Match the User’s Request
- The filters collectively look for liquid, relatively established cryptocurrencies (market cap and turnover filters), which are practical for short‑term trades.
- Technical conditions (RSI and price above 20‑day MA) focus on coins in or near an uptrend with positive or strengthening momentum, aligning with a short‑term buying bias rather than bottom‑fishing.
- The 24h price change band balances action and risk—coins are moving enough to be interesting for short‑term traders, but not so extreme that you’re only catching the tail end of a spike or a crash.
Together, these filters are designed to surface cryptocurrencies that are tradable in the short term, with decent liquidity and constructive recent price action, which is consistent with your request for short‑term buying candidates.
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.