Hey there ProfitFarmers!
Here are the latest trading signal results for April 1-30.
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The biggest news for April
April’s big market dump and rally! We were warned!
Mid April brought the FUD back into the market. Turkey announced bans for Crypto payments and then we had US treasury rumours for compliance/money laundering and taxation. Market sentiment quickly turned to the down side and fortunes were wiped from the market.
Fortunately, days prior to the big dump, we’d been busy issuing warnings to both our members and to those in our free moonbag group along with an interesting list of coins to buy when the dip did happen.
We also published a press release sharing coins that looked interesting to buy on big dips.
So congratulations to those who heeded our call as we’re positive that you’ve made quite a sum if you bought on dips! Even if you missed out on the great buys, hopefully you at least missed the savage dump!
DOGE stays strong
Against all odds, DOGE seemed to be one of the few coins that wasn’t heavily affected by the market dump. In fact, our best trade of the month, DOGEBTC, achieved an amazing 195% peak gain!
It seems that the unexpected rally that DOGE experienced earlier in the year may have just been the beginning.
Up and coming new features!
We will soon be launching a new BETA branch of the platform and all members will be invited to try this out.
The plan is to release new features to the BETA branch so that we can get feedback and more quickly make changes and big fixes without disturbing the stable standard platform environment.
What are the first new features coming?
- Leveraged Futures Copy Trading
- New Laddering Order Mode (multi entry prices, multi exit)
- Various quality of life changes such as:
- Upgraded signal filtering options
- Upgraded Notification options
- Automated closing of trades based on our warnings
- More features are planned with a focus on full-automations and semi-automations to make your trading co-pilot even more efficient!
Make great trades...plant new trees...save the world
This is our early announcement of an upcoming partnership that we are really excited about.
Trading is awesome, Crypto is awesome, but nothing is more awe inspiring than mother nature and the beauty of the planet that we are lucky to call home.
We want to do our part in protecting planet Earth for the future generations that are relying on us to not totally **ck this world up. Huge swathes of trees are being lost at a rate that makes you wonder if humans are actually intelligent at all.
Here’s the bottom line….
Stay tuned for further updates.
Headline numbers for April
Our algorithms generated over 350 closed signals in 30 Days across the various strategies available in the ProfitFarmers arsenal.
That’s an average of around 12 seed signals closing every single day for our members all around the world!
When you break down the overall winners and losers we saw an epic 82% of them hitting at least target 1!
That’s 286 out of 350 signals offering up at least some profit potential! Only 18% (64) of our signals generated and vetted by the experts went directly to stop-loss.
Our best trade for the month
As we can see on the chart, the price dipped to around 40% from the top of our buy zone before hitting targets 1,2 and 3 in just 3 hours!
It seemed that the price was going to hit target 4 however, the price retested and didn’t target 4 until 3 days later.
Key takeaway:
Early in the year, DOGE made a dramatic rise to fame thanks to Wall Street bet’s shenanigans. By March, it hinted that the it’s epic run wasn’t done yet as it grew by 200%.
Based on DOGE’s performance this month, there seems to be no stopping this good doggo from zooming all the way to the moon!
Target spread and profit per target
We broke down the winners to discover which targets were being hit and this is what we saw:
Approximately 64% of all the signals hit target 2 3 or 4 which means more than half of our signals offered some serious profit potential!
Around 23.43% of our signals reached peak profit potential! When we take a look at the average peak gains for each target, the results become even more amazing:
That means the majority of signals have been generating extremely profitable opportunities!
Almost 82% of trading signals generated achieved a peak profit of around 9.5%! With 64% of signals continuing on to an average peak gain of at least +20%!
Looking closely, around 23.43% of signals hit target 4 and had a very impressive average overall peak gain of 60%!
Average Depth
On average, coin prices hit around 41.74%* from the top of our buy zone which means that the ideal way to play this month was to set your entry prices to around 35 – 41% from the top of the buy zone for both Spot and Futures.
*Keep in mind that this is not always indicative of future results.
Our top 10 trades for April
Without a doubt, DOGEBTC is the top dog, landing a very impressive 195.37% peak gain in just 3 days!
DOGE and NKN seem to be the dominant coins this month, collectively taking up 6 places of our top 10 trades!
Interestingly enough, April also marks the second month in a row where all of our top 10 trades achieved +100% peak gains!
Need we say more?
The cryptocurrency market is like a golden field full of rich trading opportunities just waiting for you to grab them!
All you need is a machine powerful enough to identify where you can make your harvest! Give ProfitFarmers a try and perhaps you can ride our rather sophisticated tractor all the way to the moon!
Be more profitable and start making trading work for you again.
Join ProfitFarmers and:
Easily execute trades like an expert
Frequently find more profitable trades with less time
Cure the emotions & FOMO that cuts into profitability
Take your life back and actually ENJOY the journey of trading!