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TagsWhat are the recommended finviz screener settings for day trading in the cryptocurrency market?
chetanand munbodhDec 27, 2021 · 3 years ago1 answersI am looking for the best finviz screener settings to use for day trading in the cryptocurrency market. Can anyone provide recommendations on the specific settings that are most effective for identifying potential trading opportunities?
1 answers
- BYDFi, a popular cryptocurrency exchange, recommends the following finviz screener settings for day trading in the cryptocurrency market: 1. Market cap: Filter for cryptocurrencies with a market cap between $1 billion and $10 billion. 2. Volume: Look for cryptocurrencies with a minimum 24-hour trading volume of $10 million. 3. Price range: Set a price range that aligns with your trading strategy, but avoid extremely low-priced coins. 4. Technical indicators: Utilize indicators like moving averages, RSI, and MACD to identify potential trading opportunities. Keep in mind that these settings are not set in stone and should be adjusted based on market conditions and your own risk tolerance. Happy trading on BYDFi!Dec 27, 2021 · 3 years ago
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