[00:02] trading view tool to find the next potential pump in crypto you are missing out in today's video guys I want to show you guys a tool here on trading view that you can use to filter out the bad cryptocurrencies from the good ones it's
[00:16] a super useful tool so I do want to get started right away here uh when we are on the trading view front page what we do want to do here is that we do want to do want to do here is that we do want to go up here to the products Tab and go to
[00:28] screeners here and then we go down here to where it says crypto coins and as you can see this screener is right now on beta so it will probably get you know better and better I actually just recently started to use this tool and I
[00:42] really enjoy it so far so as you can see when we click on the cryptocurrency filter tool here we have a page that looks something like this you can see we have our you know largest cryptocurrencies here we have some use
[00:54] for useful information such as the price the change the last 24 hours Bitcoin is going sideways as usual we can see the market cap you know circulating Supply and one useful thing we have already here on the first page is the category
[01:10] tab so we can see you know what type of cryptocurrency are we talking about so here you can see that we have it says it's a smart contract a platform on layer one and for example we can go down
[01:23] here to dogecoi Dogecoin and it says it's a meme coin so that is a very nice category we go down here go down here Toshiba we can also see meme meme coin um we can say for example polygon is in the scaling category so this is very
[01:39] useful to get a sort of overview what type of cryptocurrency are we looking at we can see you know how much volume is traded the last 24 hours and you know get some useful information for sure so how do we filter out cryptocurrencies
[01:51] well let's say that we only want to look at the sort of top for example 100 or top 200 cryptocurrencies this is very useful if you you are a day trader and you only want to trade you you want the market to have enough liquidity so you
[02:06] market to have enough liquidity so you can get in and out of positions for that at the larger coins so let's for example filter out so we only look at the top 200 coins to do that we press rank here and we go to a 200 and below and now we
[02:22] will only only show the top 200 coins and there are tons of different ways we can filter out cryptocurrencies for here but before we do that let's actually take a look at some other of these tabs so we can for example go to Performance
[02:36] and then we can say you know how the cryptocurrencies has performed uh you know for example the last 24 hours we can press here and see that we do have you know ribbon Finance have actually been pumping 150 so we can use this tab
[02:51] right to filter out what cryptocurrencies are pumping right now what cryptocurrencies are dumping right now we can you know filter for or you know the best performance this month which you see we do have a coin that has
[03:04] been pumping here unibot around 1900 and so on and so on we can go here to the next tab where it says valuation you get some very useful and very useful information on the valuation rights and we have addresses so we can take a look
[03:18] at you know um let's actually let's actually filter for rank here once again so we can see for example here if you look on bitcoin how many addresses do we have that has a balance how many addresses do we have
[03:33] that has zero balance you get some very useful information here as well but one thing that is super cool about this uh about this filter tool is that we can about this filter tool is that we can actually also filter based on technicals
[03:48] so we can go here to Trend following here and you can see that we have many technicals here we can filter uh the filter the prices based upon so we can filter the prices based upon so we can for example filter based on the moving
[04:01] combination of many different moving averages uh based on the daily time frame that trading view uh trading view has a tool with basic basically combines many different indicators so we can filter based on this for example the
[04:16] Bitcoin right now is on a sell signal based on this movie average while it for example Dogecoin is a strong buy Shiba Inu is a strong buy unless you might here she but you know has been performing uh has been performing very
[04:32] well but what we can do here if we want to filter for even more technicals is that we can go up here to the add filter tab so we can add a new filter and you can go go down here to where it says technicals and here you can actually
[04:46] Choose Yourself between many many different technicals uh you know if you want to filter out you know potential cryptocurrencies perhaps you have a trading strategy that can indicate that uh you know cryptocurrency is about to
[04:58] pump you can use this tool to filter based on for example I think they have the RSI indicator so you can filter for example I want to only show cryptocurrencies that are trading below the 30 Mark for the RSI I think that
[05:12] technicals I think they also have some sort of uh you can see where it says technical rating here this is once again a tool that trading you has built that combines many technical variables so we can use this technical rating right here
[05:26] can use this technical rating right here and we can press right here and here you can see we can filter out let's say we only want to see the cryptocurrencies only want to see the cryptocurrencies that right now are a strong buy based on
[05:38] this technical rating we press apply here and then you can see that we only get coins that according to this technical rating right now is a strong buy so as you can see the pretty much
[05:51] the only cryptocurrency that is on a high rank you can see rank 11 is of course Shiba Inu which is right now one of the hottest cryptocurrency for sure it has been performing one of the best performing cryptocurrencies out there
[06:04] right now you can say let's see but in the right now has a strong technical rating if you want to show both the strong buys and the buys we can we can press the buy here as well apply that and then we get some more uh some more
[06:17] and then we get some more uh some more uh you know some more crypto is here for example we have Solana you know Dogecoin Tron and stuff like that so I want to keep this video short but what I basically do do want to show you guys is
[06:34] uh you know the technicals here that we have so many different things we can we can filter the cryptocurrencies on so I think that this is definitely a tool that can help you all to identify the potential pumps before they actually
[06:48] happen so now guys when you have learned how to filter cryptocurrencies it's also very important to have a step-by-step trading strategy on how to actually trade these coins so guys if you have the time I highly highly recommend you
[07:01] guys to watch this crypto trading strategy next