Swing Crypto Signals – Crypto Swing Trade Signals 2024

Swing trading, being a popular strategy, creates a lot of attention in the cryptocurrency market. According to the statistics, around 80% of crypto channels are considered scam channels, which exist only to steal the money of inexperienced crypto traders. That is why the first goal of our dedicated team is to ensure all the channels we recommend are legit and useful in terms of profit.

Now, we are going to tell you about factors we consider while ranking swing crypto Telegram groups.

#1 – Profit & Accuracy Rate

What is the main reason people decide to buy a subscription for a long-term crypto signals Telegram group?

Profits, of course. The bigger, the better.

Usually, people pay attention to the reviews made by a group and their reposts on the free channel with crypto signals. Unfortunately, not every group shows real trading ideas and results – most of them fake the monthly reviews, so newcomers see 100%+ profits and buy the subscription.

We evaluate swing traders and their crypto signals to show your the real profit and accuracy of their crypto trading ideas. Cryptocurrency market trends are always different, but even during the bull run (or alt-season) it is impossible to have 100% accurate signals – even the professional crypto traders with valuable trading data have losses.

#2 – Reputation in the Market

The crypto signals market is not as young as you think. The first big crypto signals channels started to appear at the beginning of 2017. The most interesting part is that 99% of them changed their names.

You could say:

“Why change the name if the channel is famous?”

Well, they were famous not because of the high profits they were bringing to the subscribers, but because of the high sums of crypto assets they stole from them. Everything is very simple. Unfortunately, at that time people did not have enough info about scammers and how to distinguish them from all the crypto signals Telegram channels.

Lucky for you, you have our great team of professionals, who analyze the history of the channel to find out if the owner changed its name. This helps us to see if we should look for red flags.

#3 – Prices of Subscriptions

Sometimes, prices on subscriptions may clearly show if the channel is fair. For example:

Our team has recently reviewed a channel, the general monthly profit of which was 22%. It means, that if you put 100 USD in a signal, you would earn 220 USD with them in general during the whole month. This is not a lot. But, their monthly subscription costs 125 USD. This is absolutely unfair.

You may say:

“Maybe they had a bad month!”

Yes, that is what we thought. We decided to check for a couple of more months, and that’s what we got:

1. Most of the time, they don’t post signals.
2. When they do, they use extremely high leverage, and most of these signals are closed on the stop loss.

Don’t worry, you will not see this channel among the recommended ones – we decided to show you an example of how the general profit and the subscriptions price may show the real intentions of the crypto traders who own Telegram channels.

#4 – Communication

When choosing a paid swing trading group, you should pay big attention to how the channel’s admin talks, how frequently he answers, and if his answers are informative enough.

By the way, it is also very easy to see the real intentions while checking the level of communication. You should avoid the swing trade crypto channel is an admin:

• has a very bad English (unless the admin speaks your native language);
• answers very rarely;
• gives very short answers with no clear explanations on questions about the profit, frequency of signals, reviews, etc.

Usually, the channels that have a goal of only selling the subscriptions, do not care about the future crypto trading results and do not provide valuable trading data to the subscribers.

#5 – Frequency of Signals

The frequency of signals usually depends on the main trader’s trading skills and risk management techniques applied. If behind the channel are experienced swing traders with in-depth technical analysis knowledge, you may see 3-4 signals per day.

But, the number of crypto trading signals per day does not usually indicate the level of the trader’s knowledge. Sometimes, this is a choice of a trader. If this is it, he should always mention the true number of signals subscribers will receive.

Basically, that’s what we check – if the common number of signals per day or per week is the same as the admin promises before users buy a subscription.

#6 – Leverage & Strategies

Leverage is a special technique when a trader uses the borrowed capital to trade crypto with the intention to receive higher profits. This sounds very sweet, but there is one dangerous “but”. We always say that the leverage, especially the x10+, should be used by highly experienced traders.

Unfortunately, many signal providers like to use leverages. Their biggest desire is to use x50 or x100, which usually leads to substantial losses. On the one hand, the subscriber may always avoid the trade with the high leverage, on the other hand, some of them may not know the real consequences.

If you see the trading platforms offering signals with high leverages, and you understand you have a little knowledge about them, avoid this channel. Most probably, you will suffer losses.

Our trading team will always indicate if the channel uses margin trading or leverages, how high they are, and if the channel really uses the swing trading strategies.

Overview of Swing Crypto Signals Telegram

What Does a Swing Crypto Signal Looks Like?

Most of the crypto signals are very similar, but they still may have some differences depending on the trading strategy that is used. Now, let’s indicate the most important components of a crypto signal for swing trading.

Terms

This component is very controversial. Let’s say if you subscribe to a channel and they tell you:

“We don’t have a single strategy, we trade all the signals”.

In such a situation, the traders must indicate the term – short, mid, or long. This is because you don’t know what strategy they are using now and when you can expect the trade to reach targets.

There may be another situation. The admin may tell you:

“In our trades, we use only swing trading strategies”.

Thus, when you see the signal, you know that this is a mid-term, and the tradersmust not indicate the term.

Exchanges

This component is absolutely understandable – the trader should mention the exchanges, so you know where you should open this trade.

There may be only one situation where a trader does not mention the exchanges and he has the right to do it: the channel is using auto trading with the help of a bot like Cornix. The thing is that this bot and other similar programs scan the crypto market to find an exchange where this trading pair is listed.

Trading Pair

We don’t think you need many explanations here. It is as clear as day – the trader should indicate the trading pair, which consists of two coins. The trading pairs may be represented in the following ways:

• ETH/USDT
• ETH: USDT
• ETH to USDT

Target Prices or Take-Profit Targets

This, we suppose, is one of the most important components in a swing crypto signal. Target prices show you when you need to close the signal – precisely, at what price. The number of targets could be different – you can see only one target, or even five – it doesn’t matter.

The key to setting take-profit prices is that the trader should carefully analyze the price movements to set a reasonable level of the future price. This concerns long trades (target prices are higher than entry prices) and short sell trades (target prices are lower than entry prices).

The better the trader analyzed the technical indicators, the specific price to enter, and the market sentiment, the more he can maximize profits.

Stop Loss

Well, here is the king of our discussions – stop loss. Every newbie knows that stop-loss is a crucial part of every signal – it does not matter if you use Binance Futures or do spot trading, you always should use the stop loss.

You may ask:

“If it is so crucial, why discuss it?”

Believe it or not, there are still crypto swing channels that don’t use it. We are not going to name any of them – we only say that one of the popular channels has a very long history of not using stop losses.

Why are they doing it?

The traders behind VIP channels don’t place the stop losses for altcoin signals to avoid responsibility. When you see all of the signals are at a big loss and you contact the trader to ask why this happened, he may say something like this:

“I did not put the stop loss, but you should follow your trades! I closed the signal days ago when I saw it should be closed.”

As you may see, swing trading crypto has many pitfalls, and it is crucial for everyone (newcomers in swing trading, especially) to follow our website. We will help you find a great and fair swing trading crypto Telegram channel with powerful trade ideas, risk management techniques, an established track record, and plenty of other key features.

There are plenty of ways to buy crypto for trading with signal providers:

• You may use a trading platform like Binance, Coinbase, or Crypto.com.
• You may find a crypto wallet that allows you to buy crypto via credit/debit card or bank transfers.
• You may use a broker to do this (remember, that most brokers change fees when you purchase crypto).
• You may even ask your friend to send you crypto for trading signals.

Remember to use only reviewed, trusted, and experienced platforms while purchasing coins for crypto swing trades. If you wish to read more about ways to purchase crypto, you may visit the crypto signals guide.