Scorehood is an AI-powered cryptocurrency analysis tool designed to help traders make informed decisions by providing automated bull and bear trading signals. It analyzes 36 of the highest market-cap cryptocurrencies using a genetic algorithm, evaluating each coin across multiple parameters to generate scores that indicate bullish or bearish potential.
How It Works
Scorehood employs an evolutionary genetic algorithm that analyzes 36 high-market-cap coins. The system evaluates each coin based on scores and generates new mutants (scores) every 4 hours, when the population regenerates. Users can check bull-bear status, price information, support and resistance levels, and score history for each coin. The momentum score helps identify which coins are showing the strongest bullish or bearish signals at any given time.
Key Features
- Genetic Algorithm Analysis: The core engine uses an evolutionary algorithm to process over 1 million calculations per day across 30+ different parameters, providing data-driven coin rankings.
- Real-Time Trading Signals: Bull and bear signals are generated within 4-hour intervals. A bull signal indicates a rise is more likely, while a bear signal indicates a drop is more probable. Hold variants show continuation probability.
- Buy/Sell Zone Detection: The system determines whether the market is in a buy zone or sell zone before presenting individual coin scores. During sell zones, even bull-scored coins carry higher risk.
- Support and Resistance Levels: Dynamic price levels are calculated and updated every 4 hours for each tracked coin, displayed alongside momentum scores.
- Smart Sorting and Filtering: Coins can be sorted by momentum score to surface the most bullish or bearish candidates. A smart search function allows users to find specific coins and add them to a favorites list.
Use Cases
- Day Traders: Use the 4-hour signal refresh cycle to identify short-to-medium term trading opportunities with clear bull or bear bias on major cryptocurrencies.
- Swing Traders: Combine buy/sell zone indicators with individual coin scores to time entries near support levels during buy zones, using the bear/bull momentum for exit timing.
- Portfolio Managers: Scan the full 36-coin list to assess overall market sentiment and identify which assets are showing the strongest or weakest momentum, supporting allocation decisions.
Platform and Access
Scorehood is available as a mobile application on both Google Play and the Apple App Store. New users can start with a free trial that requires no credit card. The app offers a simple email-based registration process and does not require complex setup to begin receiving signals.
