Premium™️ & Premium Plus™️ Signal Recommendations
Please read the following CAREFULLY, so you can maximize your benefit as a CryptoCache trader!
Below you will find the recommended trade setup / strategy for both channels. It is important to know both channels are VERY different. Swing trading and day trading are unique from one another, you must differentiate your risk tolerance between each strategy.
Contents
CryptoCache Premium™️
Premium signals are Swing trades. These trades are sent after detailed analysis by CryptoCache, and are consistently monitored. Trades taken in this channel are designed to be held for longer periods of time (days, weeks, or sometimes months).
The best practice for Premium Swing trades is to dedicate no more than 5% of your swing trade portfolio to each trade. ALWAYS adjust your SL higher after TP targets are met.
If you choose to enable auto-trading, please use the following settings:
GENERAL
-Amount per Trade: Percentage (5%) (Override: Yes)
-Close Trade on Take Profit/Stop-Loss before Entry: Disabled (Override: No)
TRAILING
-Stop: Breakeven (Override: Yes)
-Trigger: Trigger when target #1 is reached
STRATEGY
-Entry Zone – Number of Targets: 3
-Entry Strategy: Evenly Divided (Override: Yes)
-Take-Profit Strategy: 70/10/10/5/5 (Override: Yes)
CryptoCache Premium-Plus™️
Premium Plus signals are day / scalping trades. These trades are sent automatically from a day trading bot / strategy created by CryptoCache. Trades taken in this channel are designed to be held for shorter periods of time (minutes, hours or days, typically less than 1 week). Hedge mode is enabled, whereas long and short positions will be sent or opened concurrently.
Please ensure you monitor your day trades closely, as there are 8 active trading pairs available at any given time.
ADA, LINK, SOL and MATIC use lower time frame confirmations / candlestick close (5 to 15 minute) and will trigger more frequent.
ETH, BNB, AVAX, and XRP use slightly higher time frame confirmations / candlestick close (15-30 minute) and will trigger less often.
These strategies are constantly monitored by our team and are updated according to current market conditions. The best practice for Premium Plus trades is use no more than 10% of your portfolio per trade.
Auto-trading is NOT recommended for this channel, as there are a lot of signals sent daily + SIGNAL DUPLICATION MAY OCCUR.
Recommend waiting ~12-24 hours to trade when you see BTC is being MANIPULATED (3% correction or higher / dumps or pumps). High volatility can create bidirectional confirmations.
Understanding Premium™️ & Premium Plus™️ Signals
All signals are sent via Cornix, through telegram and are forwarded to Discord. Therefore, it is highly recommended you use telegram to follow signals more accurately. Using Telegram, you can click on the message and it redirects you to the corresponding signal. Discord however, does not have this functionality.
UNDERSTANDING TRADE SETUPS
Every signal is sent with multiple entry / exit targets and a stop loss. The point of multiple entries and targets is to average into or out of your position. Profit using this method is generally more consistent. Remember to ALWAYS set a goal BEFORE you take the trade. NEVER turn a day trade into a swing trade.
ENTRY:
The recommended amount per ENTRY target is 100% divided by the number of entries you decide to take. For example, if you take 3 entries, you would consider 33% per entry target. 2 entries are 50%, and 1 entry is 100%.
TARGETS:
The recommended amount per PROFIT target is the same concept. However, best practice is to take anywhere between 65-80% profit on your first 1-2 targets, let the rest ride.
STOP:
A stop loss is set for every trade. Whereas the recommendation for adjusting your stop loss is to move it to Break Even (your 1st entry), after taking profit. As long as you’re taking more than 50% profit on your 1st target, you’ll guarantee profit even if the Stop Loss is hit.
Linking Your Premium Telegram / Discord Accounts
Please note, there are 2 SEPARATE telegram channels. Premium for swing trades. Premium Plus for day trades. If you have a Premium plus membership, ensure you connect both accounts.
Example of both:
You can link your telegram and discord account(s) here:
If you have any trouble connecting your accounts, follow these instructions exact:
Is Cornix required for Premium Membership?
A Cornix subscription is NOT required to take advantage of premium / plus signals. It is however, a convenient way to trade. With a Cornix Subscription, you have the option to auto-trade or follow our signals. It also has a lot of advanced strategies, such as trailing stop losses and adjustable moving targets.
If you decide to utilize Cornix, please ensure the exchange you’re using is supported (Cornix approved exchanges currently require KYC). Our signals are sent via KuCoin, Binance, OKX and ByBit.
Details found here:
If you have any trouble linking your Telegram Accounts to Cornix, please use the following guide.
https://help.cornix.io/en/collections/3260334-how-to-get-started/
BEFORE you purchase Cornix, make certain you use the following link to register so you can get 10% off your subscription.
Cornix Automated Trading Bot (10% off):