May SIGNAL RESULTS 2023: First Red Month of The Year

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As we reach the middle of 2023, it has been a challenging year for both stocks and digital assets. There are ongoing discussions about the overall economic situation globally. Experts are unsure about when the next big problem will arise. Back in March, when we wrote about the banking crisis in the United States, digital assets were doing really well and considered a safe investment in case of a financial catastrophe.

However, since then, most significant news headlines have been disregarded as unimportant. Even with concerns about unstable banks, the ongoing conflict between Russia and Ukraine, a slight increase in interest rates in May, the possibility of a worldwide economic downturn, and the ongoing debate about the U.S. debt ceiling, digital assets (and stocks) have lost interest in these traditional stories that would usually affect investors.

In terms of trading, both the actual and expected price swings have reached their lowest levels ever. Bitcoin’s trading range in the last two weeks of May has only been 6.3%, and its volatility over the last 30 days is at 42.1. Similarly, Ether has been trading within a narrow range of 7.1%, with its volatility over the last 30 days at 41.9.

BTC had a bumpy month. Towards the end, it struggled to surpass the resistance levels at $27,500 despite multiple attempts. On Monday, there was one more attempt, and the price briefly reached $28,500 after news of a debt ceiling deal by the US government.

Many other cryptocurrencies have also seen small losses in May. Ethereum (ETH) has dropped by 1% and is now at $1,850. Binance Coin has also decreased by the same percentage and is just below $305. Ripple, Solana, Tron, Polkadot, Shiba Inu, and Avalanche are also slightly down in value.

May Signal Results 2023

Rate & comment on the providers!

Fat Pig Signals maintain their #1 spot from last month as they have again scored a perfect 100% win rate. However, they have been very miserly since they issued only 3 trade signals in the month of May.

Universal Crypto Signals have done great with a 92% win rate. They issued a total of 26 trades which is healthy amount of trades. There was a notable difference between the number of trades issued by both signal providers in April and it stayed that way in May too.

In the third spot, we’ve got CoinCodeCap, with a combined win rate of 64% for both their spot and margin channels. Note that we didn’t have the signal results for VCT from April, and we also got no results from them in May. VCT have paused their activities and we’re waiting on a what they’re planning.

Important note for signal providers: For any other channel that has missing results, we did not receive any trading results or updates. We warn users that this is not a good sign and that most channels would be gone in a few weeks, or months if this continues. As soon as we know what is happening we will update our readers.

1) Fat Pig Signals

  • Telegram Signals
  • Bitmex Signals

Fat Pig Signals have scored an unbeatable 100% win rate in May, taking the first position. However, they issued only three signals compared to UCS’s 26. This win rate looks great, however, when it comes to the number of signals, UCS has taken the game away from them once again.

2) Universal Crypto Signals

  • Telegram Signals
  • Bitmex Signals

Universal Crypto Signals performed very well in May. They have an exceptional 92% win rate with a total of 26 trades this month. They have been doing really well with the number of signals every month and this is an indicator of how good UCS is in the crypto signals game.

Beware of scammers trying to impersonate reputable signal providers’ admins! You might encounter a scammer impersonating Saviour from UCS, it’s better to confirm their official Telegram usernames before having any conversation.

3) CoinCodeCap

  • Telegram Signals
  • Discord Signals

CoinCodeCap secured the third position with a 64% success rate in their signals. Out of the 71 signals issued jointly by their Spot and Margin channels, 36 generated profits.

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4) OnwardBTC

May was no different for the folks at OnwardBTC. In April, they had a win rate of 46%. In May, it has dropped even more to 36%.

May Signal Results – Final Thoughts

May was a relatively calm month for both stocks and digital assets, with limited market volatility and fewer significant events impacting the crypto world. As a result, analyzing the performance results of crypto signal providers for May was less eventful compared to the previous month. The overall market conditions provided a stable environment for assessing the reliability of signal providers.

Despite the lack of major market movements, our top performers, UCS and Fat Pig Signals, continued to deliver excellent results. Their consistent performance in May reinforces their reputation as reliable signal providers, capable of generating profitable trading opportunities regardless of market conditions. Their ability to navigate the relatively quiet period further establishes their credibility and underscores the value of their signals.

While May may not have presented significant market challenges, the performance of UCS and Fat Pig Signals demonstrates their resilience and reinforces the trustworthiness of their insights. Traders and investors can rely on their signals to make informed decisions even during less eventful periods in the crypto market.


This article is for educational purposes only. We are no financial advisors. The information provided from SmartOptions is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance.

Please do your own research and never let anyone trade your account for you. We do not support or advertise Fund Management in any kind of manner. We solely review signal providers, their work/analysis/provided education. Please read this disclaimer and leave the website if you disagree with it.


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Ahad Waseem
Ahad Waseem
A linguistic engineer who writes to solve problems. Ahad is a cybersecurity, blockchain, and business writer who often takes on art, politics, and economics too. He’s written for various crypto publications and trades cryptocurrency too. When he’s not writing, he’s probably on horseback, caring for his houseplants, or training Bonsai trees.