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What are the best finviz scanner settings for analyzing cryptocurrency markets?

avatarmit patelNov 25, 2021 · 3 years ago3 answers

I am looking for the best finviz scanner settings to effectively analyze cryptocurrency markets. Can anyone provide detailed guidance on the specific settings that work well for this purpose? I want to make sure I am using the most effective settings to identify potential trading opportunities and stay updated with the latest market trends. Any insights or recommendations would be greatly appreciated!

What are the best finviz scanner settings for analyzing cryptocurrency markets?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    When it comes to analyzing cryptocurrency markets using finviz scanner, there are a few key settings that can greatly enhance your analysis. Firstly, make sure to set the appropriate time frame for your analysis. Cryptocurrency markets can be highly volatile, so it's important to choose a time frame that suits your trading style and risk tolerance. Additionally, consider using specific technical indicators that are relevant to cryptocurrency trading, such as moving averages, relative strength index (RSI), and Bollinger Bands. These indicators can help you identify trends, overbought or oversold conditions, and potential entry or exit points. Lastly, don't forget to set up custom filters based on your specific trading strategies and preferences. By fine-tuning the scanner settings to your needs, you can effectively narrow down the results and focus on the most relevant opportunities. Happy scanning and good luck with your cryptocurrency analysis!
  • avatarNov 25, 2021 · 3 years ago
    Alright, let's talk about the best finviz scanner settings for analyzing cryptocurrency markets! Firstly, you want to make sure you set the time frame to match your trading style. If you're a day trader, you might want to focus on shorter time frames like 15 minutes or 1 hour. On the other hand, if you're a long-term investor, you might prefer daily or weekly time frames. Next, consider adding some popular technical indicators to your scanner settings. Moving averages, MACD, and RSI are commonly used in cryptocurrency analysis. They can help you spot trends, identify potential reversals, and determine overbought or oversold conditions. Lastly, don't forget to set up custom filters based on your specific criteria. You can filter by market cap, volume, price, and more. Experiment with different settings and see what works best for you. Happy scanning and may the crypto gods be with you!
  • avatarNov 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends the following finviz scanner settings for analyzing cryptocurrency markets. Firstly, set the time frame according to your trading strategy. Short-term traders may prefer shorter time frames like 15 minutes or 1 hour, while long-term investors may opt for daily or weekly time frames. Secondly, consider using popular technical indicators such as moving averages, MACD, and RSI. These indicators can provide valuable insights into market trends, momentum, and potential reversals. Lastly, don't forget to customize your filters based on your specific preferences. You can filter by market cap, volume, price, and other criteria to narrow down the results. Remember, the key is to find a balance between accuracy and efficiency in your analysis. Happy scanning and successful trading on the cryptocurrency markets!