Crypto News

October 08 Weekly Signals Summary

Bitcoin has entered into the bull’s territory by crossing 53k this week. From the 1st of October, Bitcoin has been gaining price rapidly, printing many larger daily candles supported by large spot purchases. Price is currently ranging between 53k and 56k. Bitcoin dominance has been steadily increasing for days now, indicating Bitcoin is in control of the market. Layer 1 coins have been increasing value with Bitcoin, and with the ranging started, Layer 2 coins have taken control of the market.

Bitcoin support lies at 53k order block and resistance lies at 56k daily supply. Bitcoin has to sweep both daily supply and weekly supply (at 56.5k – 59.5k range) before the next upside movement. Bitcoin dominance also will increase with the Bitcoin rally. Next week, we may see a ranging BTC.D along with Bitcoin price before continuing the rally.

If you are still not part of our community on telegram, join here: https://t.me/whaletank

DYDXUSDT

01 Oct, 2021

Whaletank Signal

DYDX is in a bearish trend with bearish momentum indicators on LTF. We’re targeting untested demand zones.

  • Risk: 1%
  • Entry: CMP(23.05), 23.175, 23.35
  • Take Profit: 21.525, 20.8, 19.4
  • Stop Loss: 24.16

Status

Please close the trade at the current price: 23.63. The chart has been invalidated.

Profits: -0.45%

One of our free channel traders shared this amazing money shot after following one of our signals

COTIUSDT

01 Oct, 2021

Whaletank Signal

The bearish trend with a bearish structure and bearish momentum on the indicators, looking for a continuation to the next demand zone. 

  • Risk: 2% 
  • Entries: 0.589(CMP), 0.5948, 0.5986
  • Stop loss: 0.6125
  • Targets: 0.562, 0.555, 0.549

Status

Profits: -3.09%

One of our free channel traders shared this amazing money shot after following one of our signals

ICPUSDT

04 Oct, 2021

Whaletank Signal

We have a bearish structure on LTF`s the pair is overbought and needs a correction. Targets will be placed in a trouble area.

  • Risk: 2%
  • Stop loss: 50.23
  • Targets: 46.18, 45,57, 44,62

Status

closed by cmp on 49.13/ momentum turned bullish(bullish crosses)

Profits: -0.71%

One of our free channel traders shared this amazing money shot after following one of our signals

HOTUSDT

04 Oct, 2021

Whaletank Signal

The bullish trend with a bullish structure and bullish momentum on the indicators, looking for a continuation to the next 4H supply zone.   

  • Risk: 2%
  • Entries: 0.009269, 0.009140, 0.008921
  • Stop loss: 0.008533
  • Targets: 0.01019, 0.01034, 0.01051

Status

All targets had been reached.

Profits: 4.29%

One of our free channel traders shared this amazing money shot after following one of our signals

ALGOUSDT

04 Oct, 2021

Whaletank Signal

The bullish trend with a bullish structure and bullish momentum on the indicators, looking for a continuation to the next 4H supply zone.  

  • Risk: 2%
  • Entries: 2.072(CMP), 2.022
  • Stop loss: 1.918
  • Targets: 2.274, 2.331, 2.403

Status

We hit stop loss on #ALGO, there was no chance to close on breakeven with our smart SL area since the drop was too brutal.

Profits: -2.00%

One of our free channel traders shared this amazing money shot after following one of our signals

COMPUSDT

04 Oct, 2021

Whaletank Signal

Trading inside a tight range on 5min, looking to test resistance before continuing the bearish trend on higher TF,  with a bearish structure and bearish momentum on the indicators.

  • Risk: 2% 
  • Entries: 318.36, 319.32, 322.33
  • Stop loss: 327.43
  • Targets: 307.67, 305.07, 302.35

Status

The first target had been reached.

We had caught the second target, but now it has to be closed since we had a pretty convincing jump out of the demand area we were aiming for, and the analysis is invalidated. close remaining of the position here, $312.

Meanwhile, #COTI has hit the stop loss.

Profits: 3.17%

One of our free channel traders shared this amazing money shot after following one of our signals

COTIUSDT

04 Oct, 2021

Whaletank Signal

Trading inside a tight range on 5min, looking to test resistance before continuing the bearish trend on higher TF,  with a bearish structure and bearish momentum on the indicators. 

  • Risk: 1%  
  • Entries: 0.539(CMP), 0.546, 0.553
  • Stop loss: 0.568
  • Targets: 0.513, 0.050, 0.488

Profits: -1.00%

One of our free channel traders shared this amazing money shot after following one of our signals

AXSUSDT

05 Oct, 2021

Whaletank Signal

We have strong bullish momentum which shows us the path to another wave on an upside. Yesterday on a pair were a small correction, which is a sign of a new higher high. Targets placed on the Fibonacci retracement and FTA.

  • Risk: 2% 
  • Entries: CMP(141.23), 139.94.
  • Stop loss: 131.42
  • Targets: 151.56, 158.45, 162.95

Status

closed by CMP because of the bearish cross and bearish momentum.

Profits: -0.86%

One of our free channel traders shared this amazing money shot after following one of our signals

COMPUSDT

05 Oct, 2021

Whaletank Signal

Broadening Wedge pattern after an uptrend for continuation, bullish trend with bullish momentum on LTF’s to support.

  • Risk: 2%
  • Entries: (CMP) 313.2, 311.74
  • Stop loss: 310.5
  • Targets: 319.4, 320.8

Status

We received 2 cockblock on this one while heading to targets, and resulted in being stopped out. unlucky.

Profits: -2.00%

One of our free channel traders shared this amazing money shot after following one of our signals

TRBUSDT

05 Oct, 2021

Profits: -2.00%

XRPUSDT

05 Oct, 2021

Status

reached TP1 2 times. closed on 1 entry

Profits: 0.40%

ENJUSDT

05 Oct, 2021

Whaletank Signal

The bullish trend with a bullish structure and bullish momentum on the indicators, looking for a continuation to the next 1H supply zone.    

  • Risk: 2% 
  • Entries: (CMP)1.596, 1.585, 1.577
  • Stop loss: 1.535
  • Targets: 1.707, 1.729, 1.753

Status

All targets had been reached.

Profits: 5.63%

One of our free channel traders shared this amazing money shot after following one of our signals

LUNAUSDT

06 Oct, 2021

Whaletank Signal

Break-in market structure confirmed, looking for a small correction after downtrend wave. Targets will be placed in the support area.

  • Risk: 2%
  • Entries: 43.013, 43.616
  • Stop loss: 45.746
  • Targets: 37.734 , 37.225 , 36.672

Status

Trade is canceled.

One of our free channel traders shared this amazing money shot after following one of our signals

COTIUSDT

06 Oct, 2021

Whaletank Signal

We reached the demand zone, looking for a bounce off this area into 15min trend resistance.

  • Risk: 2%
  • Entries: 0.492(CMP), 0.484
  • Stop loss: 0.4765
  • Targets: 0.511, 0.514, 0.519

Status

All targets had been reached.

Profits: 1.46%

One of our free channel traders shared this amazing money shot after following one of our signals

DEFIUSDT

06 Oct, 2021

Whaletank Signal

We reached the demand zone, looking for a bounce off this area into 15min trend resistance.

  • Risk: 2% 
  • Entries: 2392(CMP), 2351
  • Stop loss: 2325
  • Targets: 2448, 2467, 2479

Status

Close now at breakeven.

Profits: 0.00%

One of our free channel traders shared this amazing money shot after following one of our signals

OMGUSDT

06 Oct, 2021

Whaletank Signal

The bearish trend with a bearish structure and bearish momentum on the indicators, looking for a continuation to the next 4H Liquidity zone.    

  • Risk: 2%  
  • Entries: 14.57, 14.79, 15.05
  • Stop loss: 15.59
  • Targets: 13.31, 12.23, 11.88

Status

Only 1 entry is filled so far, but maybe we get lucky tonight and grab the others before the decline starts.

Our short is also looking good and still in a bearish trend. Let’s move our SL to breakeven price.

#OMG is closed in a breakeven after the new SL was hit.

Profits: 0.00%

SRMUSDT

06 Oct, 2021

Whaletank Signal

Bearish structure and sign of weakness on the chart. Targets placed on the support.

  • Risk: 2%
  • Entries: CMP(7.953), 8.039, 8.118
  • Targets: 7.088, 6.930 , 6.858
  • Stop Loss: 8.583

Status

SL lowered to 8.34

Profits: -1.11%

HNTUSDT

07 Oct, 2021

Whaletank Signal

Break-in market structure confirmed, looking for a small correction after downtrend wave. Targets will be placed in the support area.

  • Risk: 2%
  • Entries: 21.053, 21.188
  • Stop loss: 22.096
  • Targets: 19.118 , 18.922 , 18.720

Status

Closed on 20.971 in a small profit

Profits: 0.31%

One of our free channel traders shared this amazing money shot after following one of our signals

1000SHIBUSDT

07 Oct, 2021

Whaletank Signal

We’re trending flat, setting targets for the next liquidity grab with targets on the structural support.

  • Risk: 2%
  • Entries: 0.03015(CMP), 0.02952
  • Stop loss: 0.02840
  • Targets: 0.03276, 0.03329

Status

All targets had been reached. 

Profits: 1.64%

COMPUSDT

07 Oct, 2021

Whaletank Signal

Bullish momentum is building an uptrend structure. A breakdown of the structure by bears at LTF will mean the continuation of the descending structure from the HTF, therefore, stop Loss for a swing low.

  • Risk: 2%
  • Entries: CMP(312.87) . 310.38 , 308.12
  • Stop loss: 296.07
  • Targets: 334.87 , 338.29 , 341.06

Status

Still Active

XLMUSDT

07 Oct, 2021

Whaletank Signal

Bullish trends on LTF’s with bullish momentum, with a bullish structure, we’re looking to tap the next supply.

  • Risk: 2%
  • Entries: 0.3512(CMP), 0.3472
  • Stop loss: 0.3345
  • Targets: 0.3841, 0.3928

Status

Still Active

NKNUSDT

07 Oct, 2021

Whaletank Signal

Bullish trend on LTF’s with bullish momentum, we should be reaching the LTF supply once again.

  • Risk: 2%
  • Entries: 0.3789(CMP), 0.3673
  • Stop loss: 0.3555
  • Targets: 0.4095, 0.4157

Status

Still Active

1000SHIBUSDT

07 Oct, 2021

Whaletank Signal

Double top, supply has been tapped and rejected, looking for a reversal into downside liquidity.

  • Risk: 2%
  • Entries: 0.03511, 0.03645602
  • Stop loss: 0.03810

Targets: 0.02883, 0.02739

Status

All targets had been reached.  

Profits: 2.34%

LINAUSDT

07 Oct, 2021

Whaletank Signal

LTF`s are in a bearish structure, momentum also bearish on the indicators. Targets placed to the support area.

  • Risk: 2%
  • Stop loss: 0.05097
  • Targets: 0.04324 , 0.03973 , 0.03867.

Status

Profits: 0.00%

ICPUSDT

08 Oct, 2021

Whaletank Signal

Break-in market structure confirmed.LTF`s are in a bearish structure, momentum also bearish on the indicators. Targets placed to the support area.

Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.

  • Risk: 2%
  • Entries: CMP(50.97), 51.36 , 51.69
  • Stop loss: 53.12
  • Targets: 47.97 , 47.28 , 46.66

Status

Still Active

OMGUSDT

08 Oct, 2021

Whaletank Signal

I want to give this one another shot since nothing has been invalidated on the chart, it was just a spontaneous eruption of volatility.

The bearish trend with a bearish structure and bearish momentum on the indicators, looking for bearish continuation into 1D Ribbon support.

Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.

  • Risk: 2%
  • Entries: 14.688, 14.851, 15.294
  • Stop loss: 16.147
  • Targets: 12.823, 12.537, 12.246
    (One entry higher with safe SL cause of the volatility)

Status

Pending

TOMOUSDT

08 Oct, 2021

Whaletank Signal

The bullish trend with a Bullish structure and Bullish momentum on HTF, the price has entered the demand zone on LTF’s.

Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.

  • Risk: 2%
  • Entries: 2.355(CMP), 2.32
  • Stop loss: 2.23
  • Targets: 2.545, 2.567, 2.589

Status

Still Active

MTLUSDT

08 Oct, 2021

Whaletank Signal

Bullish trends, bullish momentum, were aiming for the next 1D supply.

Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.

  • Risk: 3%
  • Entries: 3.573(CMP), 3.516, 3.453
  • Stop loss: 3.274
  • Targets: 4.385, 4.567, 4.734

Status

Still Active

The post October 08 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.

Read more: https://whaletank.trade/blog/october-08-weekly-signals-summary/

Text source: Whaletank Blog – Market Maker News

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
Buy & sell Crypto in minutes

Join BINANCE!

The world's largest crypto exchange

You're just steps away from receiving your reward.

The most complete Crypto News Center.

Search Stories:

Latest top stories