Learn how to trade crypto signals on the futures market. Full guide with examples of FREE Telegram crypto signals, AI crypto signals, top 5 best trading signals providers, and more.
Timely crypto signals are undoubtedly essential for traders and even non-traders alike. And with a potentially highly profitable bull run in sight, there’s no better way to utilize the swift changes in crypto prices than by using crypto trading signals.
Even with automated and easy-to-use crypto signal providers like Crypticorn’s AI crypto signals, many crypto enthusiasts are still missing out on several trading possibilities in the crypto space.
Luckily, in this article, we will cover everything you need to know about crypto signals, the best places to get them, and much more. Let’s dive in.
What Are Crypto Trading Signals?
Crypto trading signals are tips that predict the best probable time to buy or sell a particular cryptocurrency at a specific price point. Like in the centralized investing world, crypto trading signal providers notify you of the exact price you should buy a cryptocurrency and at what point you should sell it to make a profit.
These trading signals are provided by trading professionals, technical analysis indicators, or specially trained Artificial Intelligence that hint at when to buy or sell a particular cryptocurrency based on a thorough analysis of market trends and the cryptocurrency’s previous performance, among other factors.
How Do Trading Signals Work?
Crypto trading signals work similarly to those in typical financial stock and forex markets. A crypto professional predicts the best time and price to either long/buy a cryptocurrency or short/sell it. They achieve this forecast by several methods— technical analysis, market indicators, and algorithms, most notably— that provide results with high levels of accuracy.
When making technical analysis, sometimes called fundamental analysis, experts review the historical data of a cryptocurrency with regard to its price and trading volume to predict its most likely trend in the near future.
Market indicators, which could either be leading indicators that foretell trends that are yet to happen or lagging indicators that verify trends already in motion, are also helpful prediction tools.
On the other hand, professionals create algorithms to automate the prediction process. They are based on market trends and send signals in reaction to specific market trends designated by the programmer.
Crypto assets are usually traded in pairs. For instance, a spot BTC/USDT trading signal tells you when to swap your Bitcoin for USDT or vice versa at given prices. On the other hand, a futures signal tells you when to long or when to short a cryptocurrency pair. Long means you are going to profit from a rising price and short means you will profit from a falling price.
Other important terms to note about crypto trading signals are stop-loss and take-profit orders. The former refers to a predetermined minimum price limit set to prevent excess loss. In contrast, a take-profit order refers to the price point at which your earnings are automatically withdrawn.
What Does A Crypto Trading Signal Look Like?
We use crypto signals to profit from trading cryptocurrencies, futures, perpetual futures, and derivatives, each with its own peculiarities. For instance, we trade derivatives because their values are tied to underlying crypto assets.
That said, here’s what a typical signal should look like:
It needs to include all the important information you need to place the trade on the futures exchange of your choice:
- Symbol: BTC/USDT perpetual
- Direction: Long or Short
- Entry-Price: 36,000
- Take-Profit: 40,000
- Stop-Loss: 35,000
- Leverage: 10x
- Time frame: Valid for 6 hours
Benefits of Using Trading Signals
Using crypto signals comes with many advantages, some of which include the following.
- Informed Decision-Making: Experts thoroughly make technical analyses and observe the market before sending crypto signals. These signals enable you to receive insights and information that aid in making well-informed decisions about buying or selling crypto assets.
- Time-Saving: It takes time and a significant knowledge level to properly analyze the crypto market, and for newbies, it can be a much longer, daunting process. Crypto signals save precious time by providing pre-analyzed information, allowing you to focus on executing trades rather than spending extensive time analyzing the market.
- Risk Management: With automated stop losses and take profits, trading signals help you better manage risks. Rather than leaving you to decide when to withdraw your funds, they set clear parameters for trades, helping to minimize potential losses.
- Emotion Control: Fear and greed often play considerable roles in minimizing the potential of a trade and even causing massive losses. Following a crypto trading signal allows you to stick to a predefined strategy without being swayed by these emotions.
- Automation: AI signal trading bots like Crypticorn’s provide trading signals uninfluenced by fear and greed. Their crypto signals are based on the same thorough market analysis that professional traders follow.
Our bots can also automate your trading process, helping you make trades without being actively glued to your screen. These pre-programmed bots can help you withdraw at given stop losses and take profits.
Types of Crypto Trading Signals
There are several types of crypto trading signals. We group them based on the pricing model and who or what signals trade actions. Let’s talk about these categories below.
Classification Based on Pricing Model
Based on the fee structure, crypto signals can either be paid or free
Free Crypto Signals
Some crypto signals come free of charge from trading experts or online communities. However, they often have limited features and reliability compared to premium signals. For instance, you may not be able to receive stop-loss levels and exit points as they may only sometimes be suggested.
However, free crypto signals are more abundant and more accessible.
Paid or Premium Crypto Signals
Experienced analysts and trading firms often provide crypto trading signals as a subscription-based service. These signals are usually more reliable than free crypto signals and come from thorough market analysis. They can also be delivered through well-programmed, specialized AI algorithms.
In addition, premium crypto signals come with more features, such as in-depth market analysis, real-time updates, and personalized support. Furthermore, risk management strategies, including suggested entry and exit points, stop-loss levels, and portfolio diversification recommendations, are common add-ons.
Classification Based on Signal Source
The types of crypto trading signals can also vary, depending on where you get them. The following are some examples.
Signals Based on Trading Algorithms
Trading algorithms use predefined criteria and mathematical models to analyze market data and identify potential trading opportunities. Set-ups from trading algorithms are often based on technical indicators like:
- RSI – Relative Strength Index,
- MACD – Moving average convergence/divergence
- BB – Bollinger Bands,
- SMA or EMA – Simple or Exponential Moving Average
- Super Trend Indicator,
- Support and Resistance Lines,
- Accumulation/Distribution crypto indicator (A/D),
- and more.
Furthemore, it could be historical price patterns, and quantitative analysis. They aim to remove emotional bias from trading decisions and execute trades automatically based on predetermined rules. For more learnings on algorithmic trading signals check this blog post.
Signals Based on Other Traders and Crypto Experts
Some crypto signals are obtained directly from trading professionals and experts. They stem from in-depth market analysis and are often more reliable than most other sources. Although these crypto signal providers’ nuances can negatively influence these signals, more often than not, they lead to better results, especially when they are premium signals. Here is our in-depth analysis of signals by expert crypto traders you can follow.
Signals Based on AI
Expertly programmed artificial intelligence bots like Crypticorn’s AI Telegram crypto signals also provide reliable crypto trading signals. Depending on its programmer, AI bots have several features, including risk mitigation, round-the-clock analysis and prediction, and much more. In addition, AI based Telegram crypto signals have the advantage of not having human limitations like tiredness and emotional influences. However, we recommend you do your own research (DYOR) to verify an AI’s efficiency before using it.
If you want to learn more, check out our full guide on AI crypto signals.
Signals Based on News
The news acts as a trading signal source for many. Some traders rely on the trending prices of assets announced on popular crypto accounts before deciding when to buy or sell. Important news will either pump or dump the whole market or a single crypto coin. For instance, a tweet from Elon Musk has the power to pump Dogecoin by a massive percentage in just a few minutes.
Although it’s alright, this type of crypto trading signal is more suitable for seasoned traders. Newbies need to understand and decide on the importance of news. After that, speed matters. Crypto news and headlines spread fast; hence, prices also move very fast. To profit from these events, you need a specialized news trading bot like the one offered by Crypticorn.
Here is our full guide on AI crypto news trading with a Telegram trading bot.
Crypto Pump Signals
Pump and dump signals are special trading signals made by huge Telegram groups or Discord channels. Admins of these groups announce the coin name which will pump. Admins buy first and sell to the members of the Telegram group that try to beat each other in the race to be the fastest. If you feel lucky and you want to lose your hard earned money you can find a list of the best pump and dump Telegram groups here.
Where to Get Trading Signals— Top 5 Best Crypto Signal Providers
Not all crypto signal providers predict accurate setups that are reliable. And it can be dangerous to trade your funds with them.
However, from our experience, a few outstanding crypto signal providers make forecasts based on thorough analysis and proper trading algorithms. Here is our list of the top 5 best crypto signals providers for Telegram and Discord.
- Crypticorn AI Signals
- Binance Killers
- Fed-Russian Insiders
- Wall Street Queen Official
- Bitcoin Bullets
1. Crypticorn’s AI Crypto Signal
After using several crypto signal providers, we believe Crypticorn’s AI Crypto Signal Bots stand out among them in terms of quality and precision. They have been programmed with quality market data and utilize the most efficient artificial intelligence algorithms to make accurate and reliable predictions.
Top Features
- AI Price Predictions: Crypticorn’s AI crypto signals use advanced technology combined with machine learning algorithms to predict cryptocurrency prices.
- 24/7 AI Trading: With Crypticorn’s advanced AI, you can trade 2 hours a day as the AI never sleeps and will predict prices all day long. Based on the AI crypto price predictions, a special algorithm creates crypto trading signals that you, the trader, can easily copy. Furthermore, Crypticorn offers a Telegram trading bot to automate the AI crypto signals.
- Perfect Risk Management: With various risk levels for you to choose from, Crypticorn’s AI manages and handles the risk to offer maximum performance with minimal loss during every market cycle. By providing the perfect entry point, stop loss, leverage, and trade direction, among others, Crypticorn’s AI helps you maximize your profits in every trade while also securing your assets.
Pros
- Crypticorn’s AI Trading Signal Bot uses advanced algorithms for precise price predictions on popular trading platforms, including Binance, Kucoin, and ByBit
- It operates 24/7, adapting to market events and ensuring asset protection
- It also offers customizable risk levels, optimizing performance with minimal risk
- The AI provides strategic entry points, stop loss, take profit, leverage, and trade direction (long or short) for maximizing profits
- Free crypto signals for testing purposes
Cons
- The AI acts based on your risk appetite, increasing the chances of loss if you operate it with maximum greed, e.g., if you use an excessively high leverage
2. Binance Killers
Binance Killers are crypto signal providers that deliver signals for Binance and other top exchanges, boasting many members and accurate predictions. And having tried them out, we have to rank them as one of the best.
Features
- Diverse Signal Offering: Binance Killers provide crypto signals for major crypto exchanges, enhancing versatility
- Limited VIP Spots: Celebratory but pricey lifetime VIP spots with Bitcoin predictions
Pros
- Crypto signals for Binance, Bybit, and more
- Limited $650 lifetime VIP spots
Cons
- Limited customization for risk levels
- Most promotions are time-sensitive
- The VIP spots are costly to join
- More than one take profit
3. Fed. Russian Insiders
We highly recommend Fed. Russian Insiders Telegram, primarily because of their experience and long-term commitment to providing quality alt-coin signals for the crypto community.
Features
- Years of signal trading experience: Their telegram channel is run by a group of experienced traders who know their marbles and provide crypto signals with a high degree of accuracy.
- Trading Education: Fed. Russian Insiders also provide resources for newbie traders, so if you don’t have much experience, you can learn the ropes as quickly as possible.
Pros
- High degree of accuracy with profit-garnering signals outweighing losses more often than not
- Helpful Customer Support
Cons
- With subscription plans starting from 0.05 BTC, it is quite pricey
- They cover fewer cryptocurrencies than most other signal providers
- More than one take profit
4. Wall Street Queen Official
Wall Street Queen Official Telegram channel is one of the quickly rising trading signal providers that have recently caught our attention. They give pretty accurate predictions for futures trading, derivative trading, and more.
Features
- Premium signals: Wall Street Queen Official often provides quality signals that can help boost your trading portfolio if implemented well
- Free Trading Resources: They have a lot of free resources such as trend updates and chart patterns to help on your trading journey
Pros
- The free plan has many valuable features like stop loss, entry price, and leverage percentage
- Their community is constructive and responsive to issues and complaints
Cons
- No support for AI trading, so you can miss a set-up if you are busy
- Signal frequency is limited in the free plan
- More than one take profit
5. Bitcoin Bullets
Bitcoin Bullets is one of the oldest groups around providing trading signals via Telegram. They provide low leverage long-term swing trading signals. It can take more than a few weeks till all take profits are hit.
Features
- Premium signals: Swing trading signals with pictures and charts with technical analysis and technical indicators
- One free crypto signals are provided
Pros
- Swing trading signals for beginners that doesn’t requier much time
- Long history and track record
Cons
- No support for AI trading, so you can miss a set-up if you are busy
- Signal frequency is limited in the free plan
- Only provide the highest profit and no real profits
- More than one take profit
Where To Trade Crypto Futures Signals?
Receiving crypto signals is one thing, but knowing where to trade crypto derivatives and futures efficiently is another. You should check which cryptocurrency exchanges you can use to trade futures. Spot trading is often no problem, but local restrictions won’t let you trade futures on every exchange. If you are from a restricted country, you should check for the best “No-KYC” exchanges that offer futures trading.
More often than not, futures and derivatives trading are done on centralized exchanges. Nevertheless, a few DEXs are beginning to support them.
Top 3 Best Centralized Exchanges for Futures Trading Signals
Centralized Exchanges (CEX) are crypto trading platforms with a centralized authority or intermediary overseeing the exchange process. They are often safer and use order books. This system matches buyers with sellers at a specific price to facilitate trades. Below are some of the best examples for centralised exchanges.
- Bitget
- BingX
- Binance
1. Bitget Exchange
We actively use Bitget, so we can say that it’s one of the most popular exchanges for futures trading. Bitget is renowned for its reliability and ease of use as an excellent alternative to Binance. It allows users to trade about 130 cryptocurrency derivatives smoothly and efficiently.
Advantages
- Diverse derivatives offerings
- Leverage and margin trading options
- Low trading fees
Disadvantages
- High risk of losses in derivatives trading with leverage
- Lower liquidity on smaller coins
2. BingX Exchange
BingX is a newer but very similar platform to Bitget. It allows for spot and futures trading and P2P trading, making it a good option when considering where to trade crypto.
Advantages
- Allows for secure and reliable trades
- Low trading fees
Disadvantages
- KYC authentication can be a barrier to more profitable trades
- Lower liquidity on smaller cryptocurrencies
3. Binance Futures Exchange
Binance is one of the oldest exchanges around. Binance Futures offers the highest liquidity as it is still the number 1 exchange when it comes to liquidity.
Advantages
- Allows for secure and reliable trades
- Lowest trading fees
- Very high liquidity
Disadvantages
- KYC authentication can be a barrier to more profitable trades
- Limited number of cryptocurrencies for US citizens
Top 3 Decentralized Exchanges for Futures Trading Signals
We also recommend you check out decentralized exchanges, as some are great options when looking for where to trade crypto. Decentralized Exchanges (DEX) are crypto trading platforms without a central authority or intermediary.
Thus, they often don’t require KYC authentication. They operate on smart contracts and enable users to trade directly with one another on a peer-to-peer basis or by directly interacting with an Automated Market Maker (AMM). Here are some of the best DEXs we’ve used over time:
- PancakeSwap
- UniSwap
- Camelot
1. PancakeSwap Exchange
PancakeSwap is a decentralized exchange on the Binance Smart Chain, allowing users to swap and farm various cryptocurrencies through liquidity pools, providing yield opportunities. It offers decentralized finance (DeFi) services with low fees and fast transactions.
Advantages
- Access to a wide range of tokens and decentralized finance (DeFi) projects
- Built on Binance Smart Chain, offering relatively faster transaction speeds
Disadvantages
- Relatively lower liquidity and trading volume compared to major centralized exchanges
2. Uniswap Exchange
In our opinion, Uniswap is undoubtedly one of the best decentralized exchanges today. Uniswap is committed to constant improvement, having released four versions so far, each with updated features for seamless trading. Uni V3 and V4 are more tailored to optimizing liquidity management strategies for traders.
Advantages
- Relatively low swap fee of 0.15%, but still higher compared to the trading fees on most CEXes
- Offers support for a wide range of futures
Disadvantages
- Doesn’t accept fiat currency when purchasing crypto to trade
- The absence of KYC makes trading less safe compared to some exchanges
3. Camelot Exchange
Camelot is also one DEX garnering popularity as of late. It is shaping up to be a very efficient exchange and may just become the native DEX of the Arbitrum ecosystem. It utilizes an Automated Market Maker (AMM) system for a smooth trading experience and better incentives for traders.
Advantages
- Relatively smooth and efficient trading experience
- High trading volume
Disadvantages
- Limited to a few chains
- Has restricted access to only a few pools, so you can’t always swap your tokens on Camelot
How To Trade Crypto Signals?
Trading assets is the next step once you have the right crypto signals. As mentioned, you can use a centralized or decentralized exchange, depending on your taste. For futures trading, you will likely use a centralized exchange like Binance, Bitget, or one of the others we mentioned. Here are some of the steps involved in trading with them.
Using a Centralized Exchange (CEX)
Here are the most likely steps you’ll have to follow before trading on a Centralized Exchange:
- Create an account on the specific CEX you’d like to trade on. You might be asked to provide your email address and to create a password.
- For most CEXes, you’ll have to verify your account in accordance with KYC regulations, providing personal information like proof of address, among others.
- Next, you deposit funds that you want to trade. You can either deposit crypto or fiat currency, depending on the CEX.
- Then, you place a trade order by stating the asset amount you want to buy or swap at either the market price at the time (market order) or when the asset you’re interested in reaches a specific price (limited order).
Using a Decentralized Exchange (DEX)
Using a decentralized exchange, you can easily make trades without worrying about KYC verifications and other limitations like expensive trading fees.
Here’s a typical process you’ll likely have to follow when using a DEX.
- Connect Wallet: Connect your digital wallet to the decentralized exchange (DEX)
- Choose Asset Pair: Select the cryptocurrency you want to trade on the DEX
- Set Parameters: Specify trade details, including the amount to trade and price limits
- Confirm Transaction: Review and confirm the transaction using your wallet
- Approve Smart Contract: Authorize the smart contract to execute the trade securely
- Monitor and Manage: Monitor the trade and adjust positions as needed
Conclusion
Crypto signals undoubtedly offer the easiest way to make profits from crypto trading. They save time, reduce risks, and help maximize profits. But you can trust only a few in an ocean of seemingly endless signal providers.
Thankfully, tools like Crypticorn’s advanced AI crypto signals are the best option for new traders looking to start trading crypto signals. With its many features, like precise predictions, 24/7 trading, and optimal risk management, you can take your trading portfolio to the next level.
Make sure only to trade crypto assets you’re comfortable with losing, as the volatility of the crypto market can be unpredictable sometimes. Always consider setting relatively safe stop loss levels before engaging a set-up. While you may make a lot of profits using its product, Crypticorn is not liable for any financial losses you incur when trading with its AI crypto signals.
Frequently Asked Questions
Do Crypto Signals Work?
Yes, crypto signals work more often than not and can help you make a profit. But some trading signals come with higher risk than others. You have to ascertain the quality of the signal provider by checking whether they make thorough market analysis and through other reviews.
Are there free live crypto signals?
Yes, there are free live crypto signals. However, a lot of them come with limited functionality. But with Crypticorn’s AI trading signals, you are guaranteed features such as strategic entry points, stop loss, and trade direction that enable you to make the right trade decision.
Where to get AI crypto trading signals?
There are several places to get AI crypto trading signals, but Crypticorn’s AI Trading Signal Bots far outrank them. They utilize advanced machine learning and AI algorithms in combination with superior sentiment analysis to ensure that the signals you get are accurate and reliable.
