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CoinPanel recently launched a revolutionary trading feature that could change the lives of crypto investors.
The chart reversal function provides instant access to technical analysis and entry and exit areas, allowing traders to create trading strategies.
CoinPanel’s chart reversal feature allows traders with any level of experience to reach out to professionals and beginners. This also helps investors who are just getting started with digital asset trading to get first-hand insight into the setup of their trades.
Investors around the world are increasingly turning to cryptocurrency trading witb which offers much higher returns than traditional investments.
The global cryptocurrency market cap has now crossed $2 trillion, more than double its record high in 2020.
Actively trading cryptocurrencies can be risky for most investors, as you may lose your capital due to the volatility.
It is common for traders to lose money quickly by trading cryptocurrencies.
The only option for many investors is to HODL their cryptocurrency but profits may only come at a later stage. This also leads to the risk of an opportunity cost.
While the benefit of investing in cryptocurrencies is definitely the price fluctuation which gives investors a chance to win big in times of volatility.
However, the opposite may happen, which can lead to huge losses. Professional traders rely on a number of tools, one of the most fundamental is technical analysis.
Technical analysis can be difficult for the average investor.
However, if investors decide to get into cryptocurrency trading, this is an important skill to learn.
Why is technical analysis important?
Traders use technical analysis to identify trading opportunities by analyzing trends presented by cryptocurrency trading charts.
It is essential to help traders determine the appropriate entry and exit points, thus deciding the right time to invest and withdraw.
With the help of chart patterns, trend lines and technical indicators, traders can understand historical price data, which becomes the most important aspect of an investor’s trading life.
What if there was a way to learn technical analysis live 24/7 with the help of experts? Investors can then acquire the new skill while benefiting from the trading setup provided by the industry leaders.
CoinPanel’s Chart Reversal feature gives beginners 24/7 access to expert traders’ charts, providing an understanding of forecasts for future price trends across various cryptocurrencies.
Learn technical analysis from the experts to trade smarter with CoinPanel
The chart reversal function aims to make it more efficient for traders at any level to learn technical analysis to make better trading strategies.
Be the first to know which cryptocurrencies are about to make big strides with the help of the industry experts at CoinPanel.
Whether you are a beginner or have some experience with technical analysis, Chart Mirroring makes trading a lot easier with industry experts charts right in front of you.
All indicators and drawing tools are available on CoinPanel. With a click of a button, technical analysis is already done for you by professional traders.
All you have to do is use the information provided and make your own trading decisions afterwards.
Based on the on-screen trading chart, you can then set up entry, take profit and stop loss orders simultaneously with full trading feature on CoinPanel’s automated trading platform.
The full trading feature allows traders to set Take Profit and Stop Loss orders at the same time without blocking the currency balance by either order.
This is a major advantage for investors who want to make profit from their trades and reduce risks, which is not available when trading on the exchanges directly.
This also saves time from setting up alerts to let you know when a price level is reached because the automation already does this based on the Take Profit and Stop Loss trades you set.
Once you have filled out your entry, you will be able to track your profits and losses in the Positions tab of CoinPanel.
On the same platform, without the need to use a third-party application, the Positions feature allows you to access your trading strategies and their effectiveness.
Being able to learn, reflect and track your trades seamlessly may allow you to improve your strategy for future profits.
CoinPanel’s chart reflection feature gives you direct access to multiple charts from different professional traders, which can support and provide insights and ideas for those with some technical analysis experience.
Reflection charts is also an effective tool for market analysts who want to share their market forecasts with their community.
Experts looking to add value to their communities or want to simplify trading for them can share their technical analysis through CoinPanel’s Chart Mirroring to present their charts directly to their community, 24/7.
Go to https://coinpanel.com and create your free account today, no credit card required.
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