With incredibly bullish markets in 2021 for cryptocurrencies like bitcoin, ethereum, litecoin and altcoins too, there’s a huge demand for the Best Free Crypto Signals. It’s not enough to just invest and play the long game on these coins, because they offer such incredible potential for day trading too. Whether you want to buy the dips, or scalp quick winners, I’ll let you know which services in this market are offering the best, most accurate, day trading alerts.
Obviously there are paid crypto signals, but today I want to shift your attention to free options, because that’s always the best place to start. It doesn’t matter if you’re a new trader, or an experienced trader, when you start with a new service, it’s a great idea to see if they’ll give you a free trial, or even just have a portion of their service that’s free all the time.
I’ve found that there are many free cryptocurrency signal telegram groups available, including my personal telegram, which you can join for free by clicking here. Watch my video to learn more about the potential of these signals, and see some live trading examples to see just how much you can earn.
Best Free Crypto Signals 2021
There are quite a few crypto signal lists like the one I’m about to show you but none of them really hit the mark. They either don’t show any trading results, don’t show any trading examples or recommend services that aren’t even free. In many cases, the telegram channels promise free signals but only show updates from their VIP room, so it’s a bit of a bait and switch.
I believe that if you’re offered something for free, that you should get it!
In order for you to pick the right provider, you’re going to want to see all of these aspects, and that’s what I’ll show you today.
I will give you my top 3 free crypto signals providers on telegram, and give you complete details as to why I have them ranked the way that I do.
If these providers don’t meet your needs, then you’re probably better off with a more hands off cryptocurrency investment, like Yieldnodes.
So, let’s get into it.
#1 Forex Robot Nation Signals
Well, it shouldn’t come as a surprise, but I’m going to list my personal telegram channel #1. If you feel that’s biased, you are welcome to scroll down to my #2 ranking instead.
This telegram is worthy of a #1 ranking for multiple reasons:
- It is transparent (all wins and losses are reported).
- It actually provides multiple free crypto trading signals every week.
- It is backed and verified by trading view.
- Every trade comes with complete analysis and reasoning.
- There’s no advertising or spam.
If you want to join, all you have to do is click here. If you aren’t sure, don’t worry, I’ll show you some trading examples.
Trading Example #1
In this first trade example from my channel, we determined that LTC/USDT (Litecoin) is Bullish, so we provided a BUY signal. We provided a Take Profit of 222.55 and a Stop Loss of 199.96. You can see the full analysis of this signal here, or in our trading view linked above.
In the second image you can see that the signal resulted in a win(+2.01% ✅). The trade stayed within the expected channel that we drew, and even went a little bit above our take profit, before coming down.
I actually used this trade in a fun video I did recently to win $500 on a live trading account. This is verified on Myfxbook, and if you’re interested you can watch this video to see this signal and a few other cryptocurrency signals that we’ve provided recently.
If you enjoy the video, I hope you will subscribe to the channel! It’s been growing very quickly and I’m having a lot of fun with it.
Trading Example #2
Before I get too off track here, let’s take a look at another trading signal. In this trading example, I show the first trade we ever provided in the free crypto signal telegram channel, a bitcoin trade. For this trade, we determined that the medium-term trend was bullish, so we sent a BUY signal. Our Take Profit was 51740.47 and Stop Loss 49029.29.
As we expected, the bitcoin price continued to be bullish in the medium-term and we hit our profit target for another win(+2.01% ✅).
Trading Example #3
Even though I’ve only been running the free crypto signal telegram for around two months, I have many more than just three examples. Though, in order to keep this article concise and focused, this is going to be the final trade example that I show you.
This is a VET/USDT signal. In this signal we felt the market was going to continue being bullish in both the long and medium trends. We did our analysis on the 4 hour and daily charts, providing a Take Profit of .06749 and Stop Loss of .05765.
This resulted in an easy win(+2.08% ✅). This crypto signal continued to go in the original direction well above our original profit target. I believe some of our telegram subscribers are still in this trade riding a massive win.
If you want free crypto signals like the ones I just showed you, please click here to join. There are no strings attached, and we are growing the channel very quickly nearing the 3000 subscriber mark in less than two months.
#2 Learn 2 Trade Signals
I’m a big fan of the Learn 2 Trade Forex signals service, and they have a separate crypto signals telegram that I’m a member of as well. Their outstanding analysis is excellent for traders that want to win trades while learning simultaneously.
This service is currently ranked #2 for a couple reasons:
- They are transparent with their results.
- The analysis is solid and well thought out.
While I have them ranked highly, it’s more based on the successes of their paid signals. As, they aren’t offering complete free crypto signals and analysis at this time
They provide information about the key resistance and support levels, the long term trend, but then require traders to purchase the service to get the “remainder of the analysis.”
This is a common approach used by signal providers, and while it’s good marketing, it means that you can’t actually get any of their crypto signals for free.
If you want to receive Learn 2 Trade crypto signals click here. Now, let’s take a look at their performance.
Learn 2 Trade doesn’t use Trading View, but their cryptocurrency signal service does have a verified Myfxbook trading account. So instead of a single trade example, we can analyze their overall performance in their crypto telegram channel.
Their Myfxbook is a demo account with the Hugo’s Way brokerage. They started providing signals in early August 2020, and are showing a gain of nearly 60%, verified. During this time, they’ve had a max drawdown of 14.61% which shows that they’ve been effective at managing risk.
The average trade length for the L2T crypto signals is 20 hours, with their average win coming in at 2297 pips and average loss at 1439 pips for a total of 30094 pips. These are impressive numbers, but it’s worth noting that they don’t provide a high frequency of signals, as there’s only been 44 signals sent. Despite the August start date, it actually looks like they provide around 10 signals per month, which is pretty good.
In looking at the most recent crypto signals it’s apparent that the analysts focus on large trades. In some cases they’re trying to win over 7000 pips in a single trade. They mostly trade low lots though, so they aren’t taking huge risks, as you can tell by the fact that their worst drawdown is just over 14%.
If you’re impressed by these numbers, try their paid signals, click here.
#3 Who Should Slot in Here?
Just like I did in the Free Forex Signals article, I like to leave the third spot open to foster discussion.
I’m actively trying to find free crypto signal service providers, but I’m finding it difficult. Here’s a list of different services that I’ve been looking at:
- Forex Robot Nation Signals
- Learn 2 Trade
- MYC Signals
- Binance Premium Signals
- Mike Crypto Signals
These are 5 of the most popular services, but as far as I can tell, I’m the only trader providing any free signals.
Every other provider is simply using the free telegram to promote their paid service by forwarding the results of their winning trades.
I’m not saying that there’s anything wrong with this form of advertising, but there are many articles that rank these services high for “free crypto signals.” This shouldn’t be the case, as they aren’t providing any free signals in 2021.
At this point in time, there are very few free cryptocurrency signal providers available. Early in my research, it seemed like there were hundreds of options. Yet, the more time I spent in the market, the more I noticed that I’m really the only trader providing free analysis in 2021.
If you are interested in my signals join for free by clicking here (no strings attached).
Now, I would like to hear from you.
Do you use any free crypto signals? If you do, who are you using and why should I add them to my list?
Please leave a comment below to let me know!