7 Best Crypto Signals – Factors to Consider for Choosing

What are the best crypto signals? Crypto signals or crypto trading signals are actually the ideas of trading provided to the investors by the signal providers.

It is done after a thorough research, tracking and analysis of a specific cryptocurrency.

These signals tell the users about the right time to buy or sell a cryptocurrency at a specific rate. It will also provide other valuable data that will allow you to make an informed and educated decision.

You will know what targets to set at what price and when exactly to invest to stop losses and maximize profits.

As of now, the crypto market is inundated with a large number of crypto trading signal providers. Check out Best Crypto ETFs.

Therefore, it is not easy to choose the best one but it is the key to do well in your trading and ensure your financial security and growth of your crypto account.

7 Best Crypto Signals

Best Crypto Signals

Here is a list of some of the best crypto signals to choose to invest in the crypto space with full confidence.

1. Elliott Wave Forecast

This is a very popular name among the crypto traders and is known for using blue boxes while trading. These blue boxes are the areas of high probability and high frequency.

These boxes are determined on different parameters such as the  relationship of the cycles and sequences. The calculations involved in it are made on Fibonacci extensions.

The most unique thing about these blue boxes is that both the buyers as well as the sellers agree in the direction of the subsequent move of at least 3 swings.

This offers them a great entry point into the market that has a well-defined risk. The ongoing trends are followed for that matter.

They offer frequent chart updates. Ideally, you will get updated charts every one hour up to 4 times a day, every 4 hours for 5 times a week, and they also offer daily and weekly charts updated during the weekend.

The other key features of these crypto trading signals are:

  • Live analysis sessions
  • Live chat room support
  • Signals based on high probability
  • Signals based on low risk blue box trading areas
  • Daily and weekly videos and
  • Educational videos.

2. Signals Blue

This is one of the best crypto trading signals that you will get in the market making it an excellent platform for traders. It is their success rate that makes it one of the most favored signals among the traders.

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According to a March 2021 census, the accuracy rate of their signals is 91.07% which is quite impressive and good enough a reason to make them the best paid crypto signals provider.

Even if you are a beginner and are using any crypto or trading broker, you will get easy access to the trading system of both the mentors and veteran traders through this platform.

This means that, using these signals you will not only be able to buy and sell easily and confidently but you will also get adequate training by the proposed trainers.

The important features of Signals Blue are:

  • Flexible working hours
  • Use of AI-based tools to track the crypto market and detect the latent anomalies
  • Supporting their signals by proper analysis and expert advice
  • Tailored service for both beginners and experts and
  • A dedicated support.

3. Crypto Alarm

This is a typical telegram crypto signal provider. It consists of a team of 11 analysts. They track and analyze the performance of different cryptocurrencies. The analysis is based on different factors such as:

  • The risks in investment
  • Chances of any development of the specific currency and
  • The forecasted growth or decline.

Signals are sent in just about 5 minutes to the potential investors after proper analysis of its probability of improvement and profitability. This fast-paced service makes them stand out from the others.

4. Fat Pig Signals

This is also a crypto trading telegram group and has been around for a long time in the crypto market. The trading signals are based on pure analysis, which is quite detailed.

It analyzes the cryptocurrency market conditions along with the issues and sends the signals via telegram. Investors can make the right investing decisions based on these signals most easily and confidently.

The best aspect of this crypto signal is that it allows the investors to diversify their investments and portfolios so that the risks of losing a large chunk of money are minimized by not investing a lot of it in one specific currency.

However, if you want even better technical analysis, market studies, and signals, you can consider the Fat Pig Signals Telegram VIP channel. This is for paid users and the signals shared here includes:

  • Ripple
  • Litecoin
  • Altcoin
  • Ethereum
  • Bcash and, of course,
  • BTC.

All signals are supported by detailed analysis reports to let the users know the respective positions of the coins along with its valid reasons. With the maximum variation of a particular digital currency shown, you can expect to have the maximum possible gains.

5. Universal Crypto Signals

Founded in 2018, Universal Crypto signals is a premium channel dedicated for Altcoins trading. It also supports margin or leveraged trading with other major cryptocurrencies.

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The most significant feature of it is that there is a premium Trollbox. Here the users and investors can post their queries and discuss different trade ideas.

They follow a specific and self-developed strategy which is their Unique Selling Point and the key to their success.

They give accurate trade signals with absolute precision irrespective of the conditions of the crypto market.

Their key features are:

  • An easy to understand setup
  • A well experienced team
  • Wholly automated trading signals using Cornix Trading Bot
  • High quality service and support
  • Unique Cryptomarketcap Analysis and
  • Providing a perfect entry with the best trade setup.

6. Verified Crypto Signals

They are a very prominent name in the crypto space and known for providing amazingly accurate crypto signals.

Whether it is about the bearish or the bullish trend, their report about the market is very valuable for traders or investors.

Their signals offer a clear understanding of the market and what one can expect in the near future.

Their market analysis is so accurate because they follow two unique strategies in it, such as:

  • Breakout strategy, which focuses on faster scalp trading in a short period and
  • DCA strategy, which focuses on stable and safe growth of trading accounts and is mainly utilized for swing trades by targeting specific entry or exit points.

The significant features of the Verified Crypto Traders include:

  • Free auto-trading with every plan
  • Trade ideas and technical analysis shared and updated weekly
  • Informative and important coin recommendations based on market sentiment and fundamental and technical analysis
  • Buy signals for short, medium, and long terms and
  • Tracking with Cornix Audit Log.

7. 4C

Comprising a team of cryptocurrency pioneers, the primary objective of 4C is to offer their users the best and fully automated crypto trading signals.

You will get every assistance that you need to grow your money and crypto account, both.

In addition to that, you will also have the best knowledge about the crypto market, the current trends and the future trading courses.

This will help you to make the best investment decisions and build your wealth.

The distinguishing features of 4C are:

  • It is user-friendly and transparent
  • It offers customer-centric education
  • It uses most modern AI algorithms to determine high net worth
  • It also uses customizable and automated smart bots
  • It holds webinars with crypto experts and market leaders
  • It offers a secure dashboard that is protected by the latest encryption technologies and
  • It allows direct communication with crypto experts and different traders.

Factors to Consider Before Choose a Crypto Signal

These are some of the most crucial parameters that you should look into to choose the best crypto signal as an investor.

  • Financial
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There are both free and paid signal types available out there and you should choose a type according to your needs.

However, the problem with free signals is that they are often not handled by an expert signal provider and your money may be at risk. Choosing a paid crypto signal is highly and always recommended.

  • Time frame

Time is an important factor in trading with cryptocurrencies. Therefore, make sure that the signals are available at the most important time.

Ideally, there are four different time frames that decide the type of traders namely, day traders, resellers, position traders, and swing traders. Choose a time frame according to the type you belong to.

  • Performance

Make your choice of crypto signals based on the performance of the provider. Compare their loss and average profit pipes to get a fair idea of their overall performance.

Also, you should check the crypto trading signal issuance ratio as well as the actual transactions that take place during a particular signal issuance.

Since signals come from different signal providers, each of them will follow a different strategy. Once again, make your choice based on your specific needs.

Typically, the best crypto signal service provider will use both fundamental as well as technical analysis.

  • Win Rate

A reasonable win rate will also determine the quality of service of the crypto signal or the provider.

Anyone that promises a perfect win rate is too good to be true and you should always stay away from them.

  • Reputation

Finally, check the reputation of the signal service provider. This will allow you to know about the quality of signals they provide.

Do not skip the review part while doing your research and also check their history and different important monthly metrics apart from their pip profit before finalizing on a particular one.

Conclusion

There are multiple factors to consider to choose the best crypto signals. You must look over and above the unique selling point to make your top pick. Most important factors are the quality of service, availability and value for money.