November 12 Weekly Signals Summary
Bitcoin has recorded new ATH, alluring more longs at the top before liquidating retail FOMOers by quickly crashing into 62K region. The funding rate has been on the rise after crossing 60K, it hasn’t still reset, indicating retail has been longing into the dips further fuelling the correction. BTC dominance is still in the below 45 range, many crypto projects have recorded gain past week.
Bitcoin is currently at the Daily EMA20/SMA20 support level (62.5K), if it loses next major support lies at 58.5K where Daily EMA50 lies. The resistance lies at 65K.
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COTIUSDT
08 Nov, 2021
Whaletank Signal
Bearish momentum on the indicators, bearish trend. Targeting local support areas where the price can bounce and change the direction.
- Risk: 1.4%
- Entries: CMP(0.53507) , 0.53887
- Stop loss: 0.56703
- Targets: 0.48829 , 0.47850 , 0.47198
Profits: -1.40%
DODOUSDT
08 Nov, 2021
Whaletank Signal
Bullish trend, bullish momentum. We are targeting the resistance on HTF`s. That is swing position, be patient.
- Risk: 2.2%
- Entries: CMP (1.824) , 1.801 , 1.770
- Stop loss: 1.638
- Targets: 2.093 , 2.139 , 2.176
Profits: -2.00%
ATOMUSDT
09 Nov, 2021
Whaletank Signal
Bullish structure on LTF`s and bullish momentum, HTF`s are also making an uptrend. Targets are placed in the supply zones, where the price can reverse.
- Risk: 2%
- Entries: CMP(37.355) , 36.939
- Stop loss: 35.626
- Targets: 38.417 , 40.098 , 40.675
Profits: -0.68%
NEOUSDT
09 Nov, 2021
Whaletank Signal
we got a breakout in the daily trendline, bullish on LTF’s now and aiming for the next supply area.
- Risk: 2%
- Entries: 51.78, 50.99, 50.17
- Stop loss: 42.64
- Targets: 60.49, 63.31, 66.43
Profits: -0.84%
COMPUSDT
09 Nov, 2021
Whaletank Signal
That coin recovered very fast after a small dump that happened a couple of hours ago and also saved bullish structure with bullish momentum. Targets placed to the supply area.
- Risk: 1.2%
- Entries: CMP(367.49)
- Stop loss: 355.49
- Targets: 387.00 , 392.37
Profits: -0.88%
UNIUSDT
10 Nov, 2021
Whaletank Signal
Bullish momentum and structure on LTF`s. Targets are placed to the local resistance, where the price can bounce. Large-cap coins are showing strength, so we want to follow them.
- Risk: 1.2%
- Entries: CMP(26.565)
- Stop loss: 26.123
- Targets: 27.298 , 27.627
Profits: 0.00%
CELRUSDT
11 Nov, 2021
Whaletank Signal
Bullish momentum, LTF`s bullish. Targets placed to the resistance.
- Risk: 0.8%
- Entries: CMP (0.12896)
- Stop loss: 0.12156
- Targets: 0.13831 , 0.14186
Profits: 1.20%
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