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As the crypto industry gradually develops, it is copying trading methods from other financial markets. For example, one of the ways to start trading on a cryptocurrency exchange is to get predictions on the price movement of certain digital instruments. Such forecasts are called crypto trading signals.
Companies that study the markets receive crypto trading signals. They understand the prospects for the development of a particular situation, and they make assessments on the basis of technical analysis or a specific trading strategy. Then they determine where the price of a particular cryptocurrency is most likely to go next.
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These online signal providers send out messages about the most convenient entry points to the market as well as the most profitable exit points. They transmit their messages in real time through open communication channels such as chats, instant messengers, and social networks.
As a rule, with rare exceptions, trading signals are a paid service. However, sometimes you can activate one for a short time while it’s in testing mode. Importantly, signal providers do not undertake any obligations and do not give guarantees of profitable trading.
In this post, we tell you where to find the best-known companies that provide trading signals for cryptocurrencies.
Whaletank Premium Sends out Trading Signals Along with Technical Analysis
If you dig deeply into the different channels, you will see that only some of them send technical analysis with the crypto signals they send out.
Whaletank channel does send out technical analysis with their trading signals on a daily basis. This is the biggest advantage of this platform. Moreover, this point is especially important for people who are new to trading crypto. If you’re just beginning your training and want to become a better trader, it would make sense to get your trading signals from this service, at least at first.
The best crypto signals are published every day, and as a general rule, most services publish new signals every 24 hours. This works well for most traders, as they operate the same way.
If you are interested in learning more, just take a look at their statistics and make your own analysis.
Some well-known market researchers analyzed Whaletank Telegram signals at the beginning of 2021. Remarkably, their win percentage was higher than it was when they relied on 90% of the other channels.
For example, their best bitcoin profit was in the beginning of 2021, when they sold some Enigma (ENG) coins. When they did, they earned more than 35% profit.
Chart Crushers (Bob’s Crypto Trades) Gives Fast Answers to Questions
Bob’s Crypto Trades consists of a few telegram channels about trading. Here you will see a lot of BitMEX, ByBit, and Binance trading signals. Best of all, you’ll get fast answers to your questions, directly from the site owner.
This crew is now in a good spot, since they create content for a number of traders with a variety of interests. If you scroll through, you will find details about these channels and the trader who stands behind it all.
The site’s owner is a guy named Bob. He is well-known for giving out successful crypto trading signals. What’s more, he is kind and attentive to his audience. You can always get in touch with him.
Everyone his team is from Trinidad and Tobago. However, they have no problems communicating in English. So don’t worry about having to use the translator every time you want to ask them a question.
Bob has created a lot of places to discuss crypto signals and the trading potential of altcoins. These various locations are called Bob’s Trollbox, Bob’s Crypto Trades, Bob’s Crypto Trades VIP, Bob’s VIP+, Bob’s Stocks & Forex VIP, and Bob’s Altcoins VIP.
Bob is one of those traders who takes his job very seriously. All day every day, almost around the clock, he posts new crypto signals that prove profitable for his users.
Most channels as big as Bob’s don’t provide the quick turnaround he does. In fact, at most big channels, you have to wait a few days to get an answer about your trading questions. But Bob and his team make it a point to always be online to answer your questions as quickly as possible. They want to make sure you get the most out of their content.
The Chart Kitchen Gave Trading Signals Away for Free at First
When they first started, the Chart Kitchen posted all of their crypto signals for free. However, after a few months, the Chart Kitchen’s crew decided to charge a fee for entry to their channel.
They are a young group, but they have become quite experienced in the crypto field in a short amount of time.
Their leader had a small channel about crypto signals in 2018. However, he started his crypto career almost six years ago. After a few years this became his main source of income, so he devoted all his time to trading cryptocurrencies.
Another person in their group, who, coincidentally, was the site’s first owner and the blog writer for their project, started following the crypto world in 2008. In 2013 he became a trader and began creating his own system.
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Don’t Overlook These Brokers in Your Search
You should be open to new possibilities when it comes to developing your trading strategy. Similarly, don’t place limits on your search for the best online trading broker for your needs. For example, here are three brokers that are worthy your consideration:
- ThinkMarkets, an Australian firm, is regulated in Australia, the UK, South Africa, and Seychelles. Find out more about this company in this ThinkMarkets review.
- This Exness review will tell you everything you need to know about this broker’s fees, spread, and commissions.
- The minimum deposit with this broker is only $20. Click the link to learn more more about Alpari.
If you’re new to trading cryptocurrencies but you want to learn to become a better trader, you can’t go wrong by checking out these online signal providers.
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