This article is sponsored by Zscope: Zscope.tech (website)
On December 4th, the strong screening results on the right include WLD, AMP, BICO, SCRT, among which WLD is leading with a growth rate exceeding 25%.
The function of this filter: helps us narrow down the selection of cryptocurrencies, enhances screening efficiency, and saves a lot of filtering time, allowing us to conduct further detailed analysis within this range.
The composition idea of this filter: based on the trading philosophy of 'strengthening rather than weakening', we define 'strong'. We filter for cryptocurrencies that meet the criteria of simultaneous increase in volume and price, and with a relatively strong increase in both volume and price, while the OBV moving average golden cross serves as a signal for right-side entry.
Customizable idea? The definition of strength here is a daily price fluctuation of 15% and a trading volume exceeding 50%. Everyone has a different definition of strength, and this range can be freely adjusted and improved. The right-side trend signal uses OBV, but of course, other right-side signals can be chosen and combined according to personal habits.