Crypto

Chart Mirroring: Get live access to pro crypto traders’ charts.

Chart Mirroring: Get live access to pro crypto traders’ charts.

CoinPanel has recently launched a revolutionary trading feature that could change the lives of cryptocurrency investors. The platform’s Chart Mirroring function allows traders at any level to instantly see the technical analysis, entry and exit zones from professional traders, enabling them to set their crypto trading strategies.

Aiming to level the playing field for all investors, CoinPanel’sChart Mirroring feature gives traders with any level of experience access to professionals’ crypto trading charts so even investors that have just started trading digital assets can get first-hand insight into setting up their trades.

Investors worldwide are increasingly drawn to cryptocurrency trading as the new asset class can provide much higher returns than traditional investments. The global crypto market capitalization is now over $2 trillion, more than doubling its record in 2020.

Actively trading crypto may be risky for most investors, as you could lose your capital due to the volatility of digital asset prices. It is common for traders to lose money quickly by trading cryptocurrencies.

The only other option for many investors is to HODL their Bitcoin and crypto, but the profits may only come at a later stage, risking the expense of opportunity cost.

While the benefit of investing in cryptocurrencies is definitely the fluctuation of prices giving investors the opportunity to win big during times of volatility. However, the opposite could happen, which could lead to massive losses. Professional traders rely on a number of tools, with one of the most essential tools being technical analysis.

Technical analysis may be difficult for the average investor. Still, should investors decide to get into crypto trading, it is an important skill to learn.

Why is technical analysis important?

Technical analysis is used by trading veterans to identify trading opportunities by analyzing the trends given by the crypto trading charts. It is essential to help traders identify the proper entry and exit points, which leads to spotting the right time to invest in the market and withdrawing money with profit.

With the help of chart patterns, trend lines and technical indicators, traders can understand historical price data, which becomes the most crucial aspect of an investor’s trading life.

What if there is a way to learn technical analysis live 24/7, with the help of experts? Investors could then acquire the new skill while benefiting from the trading setup given by industry leaders.

CoinPanel’s Chart Mirroring feature allows beginners to access expert traders’ charts live and 24/7, providing an understanding of the future price trend projections across various cryptocurrencies.

Learn technical analysis from experts to trade smarter with CoinPanel

The Chart Mirroring function aims to make it more efficient for traders at any level to learn technical analysis to form better trading strategies. Be the first to know which cryptocurrencies are about to make big moves with the help of industry experts on CoinPanel.

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