Two years ago, I stumbled upon crypto alerts, and they were a total game-changer for my trading strategy. And when I say game-changer, I mean it! Since then, I've been wondering why more people aren't talking about these powerful tools. If you're not already using crypto alerts, you're missing out on a fantastic way to stay ahead.
I came across a telegram channel called Whale Sniper, they had volume notifications from Binance for unusual selling and buying activity that kept coming --- FOR FREE! This was already giving me a lookout at what is coming by using basic common sense. As I looked deeper I found out who is heading these alerts, and let me tell you, it was so worth it.
Price alert is useless if you don't have a stop loss on your trades or open orders and positions. As a trader, you don't really need price alerts because you can monetized your trades even before the price comes to that level. The advantage of this crypto alerts can help you monitor price in real time perhaps for a person that want to buy but you can open order below mark price of a coin and when that target is hit, your orders are going to eotehr partially filled or fully filled depending on the type of order use set up.
Use your stop loss to everything that you want if you are not going to be around to monitor your trades, even if you are around it's always the best to used stop loss on a low volatile market. Just some tips, you can use coingecko for your set up since it's average price of crypto instead of relying on just one particular exchange price.