Why AltSignals Is the Best Crypto and Forex Signals Group for Telegram
Updated on June 14, 2023
Founded in 2017 by a group of trading analysts and entrepreneurs, AltSignals is now one of Telegram’s most popular, safest and profitable crypto and forex signals groups. AltSignals has made a name for itself by providing profitable trading signals for the Financial Futures exchange and the forex market.
Since its founding, AltSignals has gone on to get stellar reviews on Trustpilot, with an average score of 4.8 stars from over 500 reviews (as of this writing). AltSignals offers a range of services for traders looking to learn and execute profitable trades in the exciting crypto and forex markets. In this guide, we’ll give you all the information you need about AltSignals and what you can expect from them.
What Is AltSignals?
AltSignals is a platform that provides forex and cryptocurrency trading signals through Telegram. The company also provides market analysis to its subscribers, helping traders make informed decisions in the volatile and fast-paced world of cryptocurrency trading.
AltSignals offers signals for various cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, and many others. These signals typically include entry prices, stop-loss levels, and take-profit targets. Subscribers can receive these signals through various channels like Telegram, Discord, or email.
The signals provided by AltSignals are generated by a team of experienced traders and analysts who employ technical analysis, fundamental analysis, and other market research techniques to identify potential trading opportunities. They analyze price charts, market trends, news events, and other factors to determine when to buy or sell a particular cryptocurrency.
AltSignals' goal is simple: to help newcomers understand when to enter the market and help experienced traders discover possible entry and exit points. Since 2017, AltSignals has continued to improve its services to make them more reliable. The company also launched its token presale, which crossed the $750k milestone in May 2023.
In addition to trading signals, AltSignals also provides market analysis, educational resources, and trading tools to its subscribers. These additional features aim to help traders develop their understanding of the cryptocurrency market and improve their trading skills.
AltSignals Services Offered
AltSignals offers a valuable range of useful services for experienced and beginner traders who want to improve their trading performance in the cryptocurrency and forex markets. Here’s a breakdown of these services.
1. Trading Signals on Telegram
AltSignals’ most important service is its accurate trading signals. Currently, the platform covers cryptocurrency trading calls for Binance Futures and forex. This means traders can trade digital currencies and profit from fluctuations in the price of fiat currencies such as the EUR/USD.
The signals are sent daily using Telegram groups. Moreover, these trading signals for the Binance Futures exchange can be automated with the Cornix trading bot, allowing you to execute trades with AltSignals automatically.
2. Binance Futures
Binance Futures is one of the largest exchanges in the market, allowing users to trade Bitcoin and crypto futures contracts. With this platform, it is possible to open long positions and short trades.
By following AltSignals, subscribers will receive the latest trades that could help you increase your profits at the end of the month. Moreover, you can automate your trades if you use the Cornix trading bot.
3. Forex Market Signals
Signals to the forex market are also among the best solutions AltSignals offers. You can diversify your portfolio by trading in the Forex market rather than stocks, commodities, or cryptocurrencies. The trading strategies implemented by AltSignals also allow users to increase their pips if the market behaves favorably.
4. AltAlgo Indicator (TradingView Indicator)
Some traders prefer to trade independently but still get some information from the charts. The AltAlgo Indicator (a TradingView Indicator) is designed to help you do both.
This indicator will show you the best entry and exit points in your TradingView chart. If you love to use TradingView, having AltSignals’ AltAlgo Indicator would be a positive thing to improve your trading skills and get extra information about the market.
5. Monthly Reports
AltSignals also provides monthly reports about its performance in the market. Both the Binance Futures and Forex trading signals will have their monthly reports. There, users can understand and analyze which are the best trading pairs to follow and which offer the highest return over time.
Moreover, you can also find patterns that would allow you to improve your trading strategies over time. This is one of the features not every trading signal group currently offers.
Benefits of Using AltSignals
Using AltSignals can provide several potential benefits for cryptocurrency traders.
Accurate Trading Signals: Analytics Insight reports that AltSignals has an average accuracy of 64% — making it one of the most reliable sources of trading information. As mentioned earlier, these signals include entry prices, stop-loss levels, and take-profit targets, which can help traders determine when to enter or exit a trade. Although no platform is 100% accurate, AltSignals offers a path to trading that saves both time and effort.
Market Analysis: AltSignals offers market analysis to its subscribers, providing insights into the cryptocurrency market. This analysis may cover various aspects, including technical, fundamental, and market trends. Traders can better understand the market conditions, potential opportunities, and risks through the analysis provided by AltSignals.
Experienced Team: AltSignals claims to have an experienced team of traders and analysts who generate the signals and provide market analysis. These professionals often have in-depth knowledge and expertise in cryptocurrency, allowing them to identify potential trading opportunities and provide valuable insights.
Educational Resources: AltSignals also offers its subscribers educational resources, tutorials, or guides. These resources can help traders enhance their knowledge and understanding of cryptocurrency trading, technical analysis, risk management, and other relevant topics. Education is crucial for traders to develop their skills and make informed decisions.
- Convenience: AltSignals delivers its signals and analysis through various channels, such as Telegram, Discord, or email. This convenience allows traders to receive real-time updates and notifications wherever they are, enabling them to stay updated on market developments and potential trading opportunities.
Final Words about AltSignals
AltSignals is a great tool for beginner traders and more advanced users to get valuable information about the market. As a subscriber, you can expect to get reliable data on which trading pair to trade, the price at which to enter, and the take profit levels. To learn more, you can join AltSignals here.
Despite these potential benefits, it is important to note that using AltSignals or any other signal service does not guarantee profitable trades. Cryptocurrency trading carries inherent risks, and traders should always exercise caution, conduct their research, and consider their risk tolerance. Signals should be used alongside personal analysis and judgment to make informed trading decisions.
Find more guides to trading platforms and industry insights by following the Telegram Connector blog. To get the most out of Telegram signals providers like AltSignals, use Telegram Connector to connect your Telegram group with your MT4/MT5 trading account. Contact us to get started.