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DO THE RIGHT THING 🕶️
In the ever-evolving world of cryptocurrency, staying ahead of the curve requires effective tools to identify promising opportunities. TradingView’s Crypto Screener is one such tool that allows you to sift through the vast array of cryptocurrencies to find the most suitable options for your investment strategies. Here’s an overview of how to use this powerful feature to its full potential.
Getting Started ♦️
To access the Crypto Screener, navigate to TradingView’s homepage, click on the Products tab, and select Screeners. From there, choose Crypto Coins. Although still in beta, this tool is already proving invaluable for traders at all levels. The interface provides essential details such as prices, 24-hour performance, market capitalization, and trading volume, offering a snapshot of the crypto market at a glance.
One standout feature is the categorization of cryptocurrencies. For example, Ethereum is identified as a smart contract platform, Dogecoin as a meme coin, and Polygon as part of the scaling category. This categorization helps you quickly understand the type and purpose of each cryptocurrency.
Filtering for Better Insights 🔍️
The Crypto Screener allows you to customize your view by filtering coins based on specific criteria.
For example:
Rank: Focus on the top 100 or 200 cryptocurrencies to ensure adequate liquidity for trading.
Performance: Examine how cryptocurrencies have performed over different timeframes, from daily to monthly trends. This can help identify coins with strong upward momentum or those that are undervalued.
By applying these filters, you can narrow their options and focus on coins that meet your unique requirements.
Exploring Valuation 📈
The Valuation tab provides in-depth metrics about the financial health of cryptocurrencies, such as market cap and address activity. For instance, you can see how many Bitcoin addresses hold a balance or how many are inactive. This data gives a clearer picture of market activity and coin distribution, valuable for assessing a coin's long-term potential.
Advanced Filters 🔮
One of the Crypto Screener’s most powerful capabilities is its technical analysis filters. You can apply a variety of indicators, such as moving averages and Relative Strength Index (RSI), to identify coins that align with their trading strategies.
For example:
Filter coins trading below an RSI of 30, indicating potential oversold conditions.
Use TradingView’s Technical Rating feature, which combines multiple indicators into a single actionable signal. By selecting "strong buy" ratings, you can identify coins with favorable momentum, such as Dogecoin or Shiba Inu, which have recently performed exceptionally well.
Tailoring the Tool 🛠️
For traders with specific strategies, the Add Filter feature offers extensive customization. Whether you’re looking for coins poised for a breakout or seeking undervalued opportunities, these tailored filters can guide you toward actionable insights.
Maximizing the Potential 🚀
Crypto Screener is a game-changer for anyone looking to navigate the cryptocurrency market with confidence. While its robust features and customizable filters make it an excellent tool for identifying opportunities, it’s crucial to pair it with a comprehensive trading strategy. Having a clear plan ensures you can act decisively when the right opportunity arises.
COIN SPOTLIGHT 🔍️
Undervalued Cryptos: Part 2
Investing in undervalued cryptocurrencies offers the opportunity to acquire assets at prices perceived to be below their long-term potential, essentially buying in at a discount. Here’s a closer look at seven promising projects with the potential to deliver significant returns.
Pepe Unchained ($PEPU)
An evolution of the popular Pepe the Frog meme, Pepe Unchained stands out with its innovative Layer-2 blockchain. This next-gen upgrade delivers exceptional speed, lower fees, and enhanced security. As the first Pepe project with its own blockchain, $PEPU also offers lucrative staking opportunities, positioning it as a leader in the meme coin space.Catslap ($SLAP)
Catslap is making waves as an underdog in the meme coin arena. With a mission to dominate the cat-themed crypto niche, its $SLAP token aims to outshine dog- and frog-based competitors. The project engages its community through a competitive slapping game, enhancing its appeal and fostering loyalty.Crypto All-Stars ($STARS)
Crypto All-Stars offers unique value by enabling staking for 11 popular meme coins, including Pepe and Shiba Inu. Investors who hold and stake $STARS receive triple the staking rewards, creating a compelling incentive for participation. With its innovative approach, $STARS has the potential to become one of the next big names in crypto.Flockerz ($FLOCK)
This decentralized autonomous organization (DAO) introduces a vote-to-earn system that rewards community members for shaping the project’s future. By participating in governance, users earn $FLOCK tokens, reinforcing its 100% community-driven ethos. This model has attracted significant interest, setting Flockerz apart as a project to watch.Best Wallet Token ($BWT)
Best Wallet Token offers high staking rewards, governance rights, and low transaction fees. Currently available through a private sale exclusive to Best Wallet users, $BWT provides early adopters with access to exclusive benefits ahead of the public presale.Sponge V2 ($SPONGE)
An upgrade to the original Sponge V1, Sponge V2 expands functionality for token holders. The revamped ecosystem supports voting, transactions, play-to-earn (P2E) gaming, and access to decentralized apps (dApps) and DeFi platforms, making it a versatile and promising investment.FreeDum Fighters ($DUM)
This politiFi coin made an impressive debut, raising over $100,000 in its first hour of presale. FreeDum Fighters combines satire and gamification, offering a unique twist on political commentary tied to real-world events. Early investors in $DUM can unlock secret airdrops by participating in weekly debates, adding an interactive layer to this novel project.
While no investment is without risk, these projects show strong potential for growth in the coming bull run. As always, be sure to perform thorough research and consider your risk tolerance before diving in.
FINAL SPIN 📽️
NOTABLE QUOTES 📚️
“America's abundance was not created by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.” -- Ayn Rand
GARAGE LOGIC 🎙️
