Signal Results in August made up for the previous two months of abusive crypto markets. August was a big comeback month! At least for most of the signal providers. Plenty of volatility and nice swings to the upside mostly.
Bitcoin continued its run back above the 50k range with some giant moves on the likes of SOL. Hence much of the DEFI and NFT space all joining in for the ride. ETH and XRP joined the party with XRP going back above $1.30 and ETH back above $3,400. The short-term leveraged trades enjoyed a surge for the top 3 signal providers on SmartOptions, once again solidifying their top placement in rankings.
Monthly Signal Results
1) Universal Crypto Signals
#1 seems to be all UCS is about! They had plenty of nice trades with great returns so the combination of Signal results in August has given them both high returns and a perfect 100% win rate, great job once again UCS!
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2) Fat Pigs Signals
Fat Pigs with their higher returns makes them a solid number 2! They may have not as many trades but they did have very high profitability and closed in on the champion of UCS, their signal results for August were outstanding!
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3) Verified Crypto Traders
VCT did very well in both their margin & spot trading for the signal results in August. They actually had the highest number of trades combined. Again all 3 of the Top providers were outstanding very high win rates, again great job VCT!
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Sublimetraders added to the upside for signal results in August. Again holding onto #4 and keeping it real! I don’t know about you but I like their technical style of trading, seems solid and easy to follow.
4C-Trading signal results for August were a mixed bag once again, with wins just being above losses, at least a high number of trades were achieved here, we look forward to 4C-Trading making a comeback in the future!
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5) Onward BTC
Onward BTC signal results for August hurt the eyes a bit with losses being higher than wins, not sure if some technical glitches hit them, but the market was prime for most signal providers. We hope they have a great September and regain their trading mojo.
Conclusion for August…
August had Bitcoin jumping back above 50k and showing a great bounce from the previous month’s down move from Mays drop. UCS and Fat Pigs did it in style showing what great signal providers can achieve with their great trading. VCT pointed to the target on Bitcoin as exactly above 50k as they stated last month for it being a target.
The FUD in August was hot and heavy but due to the technicals had no effect. Thus we say the real adoption of BTC starts to demonstrate itself in the marketplace. Firstly I have to be amazed how all the China/Ransomeware/Regulation FUD that hit the market in August was completely ignored by the crypto traders. Bitcoin is on its way back, can only wonder what September will bring.