Beaxy Exchange Provides You With AI-Powered Technical Analysis

nmesis
Beaxy Exchange
Published in
3 min readJul 24, 2020

“For the first time ever, traders can leverage sophisticated technical analysis from a proven signal provider. The signals are provided directly on the exchange, at no additional cost.”

At Beaxy, our primary goal is to make your trading journey as streamlined and rewarding as possible. Today marks a massive leap in that direction. AI-generated trading signals can now be viewed directly on the platform’s TradingView charts.

Beaxy’s AI-powered Signals are based on aggregated market data that is used to prepopulate your charts with professional-grade technical analysis. These machine-generated Signals remove the pain and error that stem from manual technical analysis. While trading on Beaxy Exchange, you can access Signals based on market-leading statistical models such as Fibonacci retracements to determine support and resistance levels, rising wedges, channels, and many more strategies.

How to use Signals

To leverage AI-powered Signals on Beaxy Exchange, log into the platform and click on your active trading pair to see every pair offered on the exchange The blue circles outlined below indicate the number of Signals that are available for a given pair at that time.

Once you’ve selected a trading pair with Signals, click on the ‘Signals’ button to view the different strategies that are live on that pair.

This allows you to quickly analyze how different strategies are expected to play out so that you can make a more informed decision with ease.

Take a look at the example Signal below for ETH-USDC. In a click, you can see exactly how a professional would chart a particular strategy, along with a target price based on theAI-generated prediction models.

In this case, a triangle breakout is displayed with a suggested long entry at 245.68 USDC and a suggested closing price of 247.26 USDC. Also displayed is the % gain based on the Signals recommended entry and exit price. This enables you to compare Signals based on projected profit amounts.

One of the strongest pain points for any trader is solidifying a trade plan. This refers to the act of determining the price at which you will: enter a trade, exit in profit, or exit with a loss. Sharper pain still, comes with sticking to that plan. Managing emotions and keeping to your predetermined price targets is no small hurdle. That’s why Beaxy Exchange is giving you the best shoes on the market and removing these obstacles from your trading experience.

Entry and exit price suggestions based on AI analytics give you the freedom to open orders with confidence and get on with the rest of your day. Ready to have your mind blown? Click here to see Signals in action.

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