Cryptocurrency trading has become a significant income source for traders, but it comes with substantial risks. Success requires professionalism, analytical tools, and a well-defined trading system. Cryptocurrency screeners—specialized services that filter and analyze market data—are essential for identifying profitable opportunities.
Key Considerations for Cryptocurrency Screeners
1. Volatility and Risk Management
- Cryptocurrency prices fluctuate dramatically due to market volatility.
Screeners help traders:
- Track price movements.
- Identify trends.
- Execute informed buy/sell decisions.
2. Technical vs. Fundamental Analysis
- Technical Analysis: Studies historical price data and chart patterns.
- Fundamental Analysis: Evaluates real-world events (e.g., regulatory changes, adoption rates).
Top Cryptocurrency Screeners
1. Scalpcore
Features:
- Tracks Binance exchange data.
- Highlights large orders ("density clusters") for futures/spot trading.
- Color-coded order book visualization (green = buy, red = sell).
- Limitations: Narrow focus on order book density.
2. Scalp Live
Features:
- Real-time coin value changes correlated with Bitcoin.
- Four-column layout (coins, applications, price changes, order book).
- Limitations: No notification system; steep learning curve.
3. Marcetcap (Free)
Features:
- Filters by sector, price, market cap, and historical performance.
- Lists 24-hour price changes by default.
- Limitations: Limited longer-term trend analysis.
4. TradingView (Freemium)
Features:
- Multi-exchange support with customizable scripts.
- Advanced charting and time-frame analysis.
- Limitations: Full features require a paid plan.
5. Arby Trade (Paid)
Features:
- Binance-focused with 130+ trading pairs.
- Time-frame-specific recommendations (red = buy, green = sell).
Comparison Table
| Screener | Link | Free? | Multi-Exchange? |
|----------------|--------------------------|-------|-----------------|
| Scalpcore | https://trendcore.io/level/ | Yes | Yes |
| Scalp Live | https://scalp.live/app/ | Yes | No |
| Marcetcap | https://marketcap.com/ | Yes | Yes |
| TradingView | https://ru.tradingview.com/crypto-screener/ | Freemium | Yes |
| Arby Trade | https://arby.trade/ | No | No |
How to Use a Cryptocurrency Screener
- Select a Trading System: Define entry/exit criteria.
- Apply Filters: Customize screener settings (e.g., volatility thresholds, volume).
- Analyze Data: Cross-check with charts and order book depth.
- Execute Trades: Act on arbitrage or trend-based opportunities.
👉 Explore advanced trading tools
FAQ
Q: Are free screeners reliable?
A: Free tools like Marcetcap offer basic functionality, but paid screeners (e.g., TradingView) provide deeper analysis.
Q: Can screeners guarantee profits?
A: No—they assist decision-making but require manual validation.
Q: Which screener is best for beginners?
A: TradingView’s user-friendly interface and tutorials make it ideal for starters.
Q: How often should I update screener settings?
A: Adjust filters weekly to align with changing market conditions.
Disclaimer: Cryptocurrency trading involves risk. Screeners are tools, not profit guarantees.