Quantify Crypto - Tools, Alerts & Technical Analysis for Cryptocurrency Traders
The Quantify Crypto screener provides technical metrics helping you focus on potential entry and exit points.
Research shows that being on the correct side of significant price moves with the right risk/reward formula is critically important.
Our design scales down the Bitcoin tile size while scaling up the tile size of leading cryptos. What is the point of having a heatmap with BTC taking up 1/3 to 2/3 of the screen? Our design allows the maximum number of coins to be represented clearly on a single display, without the small dots.
Cryptocurrencies We Track
While there are over 6,000 cryptocurrencies, the Quantify Crypto Team believes that most of these projects will never become viable. We do agree many successful traders have invested in small crypto companies with great success, the reason for this success is due to fundamental analysis and research. The purpose of our site is to provide technical analysis based on price movement.
Capping our tracking list to the top 250 cryptocurrencies provides a necessary filter. The cryptocurrencies we cover make up over 97% of the total cryptocurrency marketcap.
The cryptocurrencies we track meet all 5 of these criteria:
- Trade on Blockchain Transparency Institute approved cryptocurrency exchanges
- Maintain liquidity and volume for accurate technical indicators
- Trade on multiple exchanges
- Trades against Bitcoin
- Is not a stable coin
Cryptocurrency Trading is Unique
Cryptocurrency trading is unique due to higher volatility levels than the traditional asset classes like stocks, bonds, precious metal, and foreign exchange. Bitcoin has numerous days in its trading history with 25% price swings in a single day. This trading pattern requires analysis and tools designed specifically for early detection of significant cryptocurrency moves. Shorter candlestick periods are needed for cryptocurrency technical analysis due to significant intraday price moves.
We consider the one-hour candlesticks the most important for cryptocurrency momentum analysis. Our research shows that daily time periods are important for defining market resistance and support levels. Research also shows daily time candlestick periods lag too much to be used as entry and exit points for cryptocurrency trading. For example, we feel the 1 hour MACD and Trend Algorithm Candlesticks are accurate momentum indicators while the Daily Bollinger Bands supply support and resistant levels.