Reading a Crypto Signal: Entry, Stop and Take-Profit Targets
A walkthrough of every field in a trade signal and how to place it on your exchange.
· [AUTHOR NAME]
Every signal we post follows the same format, so you can act on it quickly. Here is what each part means.
Pair and direction
The pair (for example ETH/USDT) tells you what to trade. Long means you profit if price rises; short means you profit if it falls.
Entry zone
Rather than a single price, most signals give a range. Splitting your order across the zone — say, three limit orders — gives you a better average price than chasing one level.
Stop-loss
The level where the trade is closed if it goes against you. Set it on the exchange as soon as your entry fills, not later. See how to set a stop-loss for sizing.
Take-profit targets
Signals list up to several targets. A common approach is to take part of the position off at each one, and move your stop to break-even once the first target is hit.
Updates
When a target is hit, a stop is moved or a trade is closed, you'll get an update in the channel. Every closed trade — win or loss — is added to the public results.
This article is educational and not financial advice.