November 05 Weekly Signals Summary
Bitcoin is still consolidating around the 60k region, it is holding that level after many tries of breaking down below the 58k. Other cryptocurrencies had another good week with BTC.D retracing back to the below 45 region, currently at 43. Many cryptocurrencies recorded All-Time-Highs while most of them have broken out of long accumulation structures.
Bitcoins support lies at the 60.5k where we have a confluence of Daily EMA20 level. The next support lies at 56.5k where Daily EMA50 lies along with the daily supply region. The resistance ahead is 64k which already had been tapped before and need to make it support before rallying into new ATH.
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TOMOUSDT
November 01, 2021
Whaletank Signal
Bullish structure, bullish momentum. We have already broken local resistance and want to see a small correction, so entries are placed in that key. We are targeting the main resistance.
- Risk: 3%
- Entry: CMP(2.7599) , 2.7231 , 2.6745
- Take Profit: 3.1548 , 3.3094 , 3.4789
- Stop Loss: 2.4178
Profits: -1.32%
NKNUSDT
01 Nov, 2021
Whaletank Signal
Bullish structure on LTF`s. HTF`s also made a break in the market structure. Our targets will be untested resistance.
- Risk: 2%
- Entry: CMP(0.4450) , 0.4366 .
- Take Profit: 0.4978 , 0.5225 , 0.5349
- Stop Loss: 0.4069
Profits: 1.93%
RUNEUSDT
01 Nov, 2021
Whaletank Signal
It has flipped bullish on LTF’s, bullish trend, momentum, and structure, broken out of a daily pattern, and aiming for the next supply and potential liquidity.
- Risk: 3%
- Entries: (CMP) 15.970, 15.167, 14.336
- Targets: 19.124, 21.366, 23.839
- Stop loss: 13.181
Still Active
NEARUSDT
November 02, 2021
Whaletank Signal
Bullish momentum bullish structure on HTF`s and LTF`s. The first target is placed to the first resistance from where the price can bounce. Stop loss below the swing low.
- Risk: 2%
- Entry: CMP(10.5029) , 10.3841
- Take Profit: 11.4361 , 11.9092 , 12.1501
- Stop Loss: 9.8380
Profits: 1.64%
DODOUSDT
02 Nov, 2021
Whaletank Signal
Bullish momentum, targeting the liquidity. The first target was placed in the trouble area. Put the low risk in this trade.
- Risk: 1.4%
- Entry: CMP(1.764)
- Take Profit: 1.943,2.039 , 2.122
- Stop Loss: 1.625
Profits: -0.38%
TRXUSDT
03 Nov, 2021
Whaletank Signal
Resistance has been broken and already testing it. We put low risk on this trade because of bad funding rate. Targets placed to the main resistance.
- Risk: 1%
- Entry: CMP(0.10599)
- Take Profit: 0.11548 , 0.11774 , 0.11894
- Stop Loss: 0.10032
Profits: -0.35%
IOTAUSDT
04 Nov, 2021
Whaletank Signal
Bearish structure bearish momentum HTF`s are trading in a range too short to the subsequent demand zone. Targets placed to the support areas.
- Risk: 2%
- Entries: CMP(1.3461) , 1.3542
- Stop loss: 1.3922
- Targets: 1.2822 , 1.2612 , 1.2521
Profits: -0.59%
AAVEUSDT
05 Nov, 2021
Whaletank Signal
We have a solid bullish structure on HTF`s, LTF`s are also looking good. The second entry is placed to the potential correction wave. That is a swing, so be patient. Targets placed to the resistance that wick, which was on October 27 showed the direction for this coin.
- Risk: 2%
- Entries: CMP(340.33) , 334.17
- Stop loss: 313.07
- Targets: 372.76 , 389.64 , 399.18
Still Active
ETCUSDT
05 Nov, 2021
Whaletank Signal
Bearish momentum on the indicators, bearish structure. Targeting local support areas where the price can bounce and change the direction.
- Risk: 2%
- Entries: CMP(53.39) , 53.76
- Stop loss: 54.91
- Targets: 51.27 , 50.83 , 50.45
Still Active
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