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Author: Admin | 2025-04-28
Provide users with 5 important pieces of information: Which asset to trade as a part of an asset pair.Which direction the signal is in.An upcoming price at which the trader should consider entering the trade, called an Entry Price and also the price at which the signal is considered valid.A price in the opposite direction, stop-loss, that is considered to be the price at which the signal will be considered void.Take profit levels which users can set to ensure that they receive some profits from the trade.Technical Crypto Signals | Source: Trading Crypto CourseA trader will receive all this information and they can then head over to their chosen trading platform, if the platform has not been specified by the signal provider, and inspect the market to see if they agree with the parameters of the trade.If they do, they simply enter the trade, typically as a limit trade to execute at the price specified on the signal, and also input the recommended stop-loss and take-profit limits to protect their funds or successfully take profits once the levels are reached. This means the trade is then set to execute automatically without the trader needing to watch the market themselves.As will all things trading, signals are subject to the forces of the market and may or may not occur. It is up to the trader to take the information given to them in the signal and assess its viability themselves. While signals can be used by those with no trading experience, and it is an excellent way to start learning to trade, the trader is ultimately responsible for placing the trade and the outcome of that trade.How I Ranked Crypto Signals GroupsIn order to rank the best crypto signals, it was necessary to first create a set of criteria by which each signal provider would be judged, and, as I researched each provider, I gathered this data for ranking these crypto trading signal providers.The points below are the main criteria by which the crypto signal reviews above were ranked.Success Percentage: The most important factor for ranking cryptocurrency signals providers is: how successful are their signals? Anyone with a little trading knowledge can write a convincing-looking trading signal, however, only those who know what they’re doing can consistently create successful trading signals.Number of signals: Providers who provide more signals are more likely to rank higher in any rankings of crypto signals providers. This is also weighted, however, by the provider’s success percentage with those signals.Fees: Each signal provider will charge a fee for those who want to access their crypto trading signals, the fee, quite obviously, will vary by provider. Those that charge a fee will be conscious of what their competitors charge and offer. When considering the fee charged by signal platforms I also weighted it with the number of signals provided, and the overall success percentage of the platform.Free Signals: Many paid crypto signal providers will also offer free signals. This helps to tempt users to the paid version of
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