Crypto News

October 22 Weekly Signals Summary

Bitcoin has an eventful week, with long-awaited ETFs (though they are Futures based instead of Spot) getting approved in the United States and Europe and recording new All-Time-High. Other cryptocurrencies also had a good week with BTC.D rejecting from 48, currently sitting around 45. Etherium also recorded new ATH, both BTC and ETH couldn’t hold the level with astronomical funding rates with retail traders aping into overleveraged longs. The market is currently flushing out overleveraged longs after three consecutive weeks recording more than 10% gains each.

Bitcoin is trading above 61k currently, has the next strong support lies at 58k region where we have confluence with Daily EMA20/SMA20 levels. To continue the bull rally, it needs to reclaim the ATH and resistance before ATH lies around 64k, where the previous ATH lies.

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AAVEUSDT

18 Oct, 2021

Whaletank Signal

Confirmed bearish structure on LTF`s , bearish momentum on the indicators also. SL placed to the last swing high.

  • Risk: 2%
  • Entries: 303.76 (CMP) , 304.59 , 305.52 .
  • Stop loss:  319.30
  • Targets: 281.13 , 276.35 , 273.96

Profits: 0.51%

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

COMPUSDT

18 Oct, 2021

Whaletank Signal

Bearish momentum is building a downtrend structure. A breakdown of the structure by bulls at LTF will mean the continuation of the descending structure from the HTF, therefore, stop Loss for a swing high.

  • Risk: 2%
  • Entries: CMP(308.54) , 311.4
  • Stop loss: 316.55
  • Targets: 302.03 , 295.47 , 293.97

Profits: 0.37%

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

TRXUSDT

19 Oct, 2021

Whaletank Signal

Uptrend structure with bullish momentum. The coin is showing strength, so targets are placed on the resistances. SL below the break in market structure.

  • Risk: 2%
  • Entries: 0.09974 , 0.09931
  • Stop loss: 0.09691
  • Targets: 0.10183 , 0.10295 , 0.10476.

Trade is Canceled

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

VETUSDT

19 Oct, 2021

Whaletank Signal

Bearish momentum on the indicators. Targets placed to the support areas.

  • Risk: 2%
  • Entries: CMP(0.11786) ,  0.11854
  • Stop loss: 0.12426
  • Targets: 0.11392 , 0.10619 , 0.10270

Profits: -2.00%

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

XTZUSDT

19 Oct, 2021

Whaletank Signal

Our short swing position is canceled because of a building of uptrend structure on LTF`s. So, we can open long scalp to the untested supply areas. Stop Loss placed slightly below the swing low.

  • Risk: 2%  
  • Entries: 6.780 (CMP), 6.715
  • Stop loss: 6.478
  • Targets: 7.035 , 7.035 , 7.346.

Profits: -0.92%

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

CELRUSDT

20 Oct, 2021

Whaletank Signal

Apparent breaking and back to creek (testing)  of trend lines. Stop loss placed above swing low, preventing a break in market structure. That will be a swing position, so, be ready to wait a bit, but it should be worth it.

  • Risk: 2%
  • Entries: CMP (0.13742) , 0.13646
  • Stop loss: 0.12691
  • Targets: 0.15179 , 0.15994 , 0.16890

Profits: 0.43%

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

SRMUSDT

20 Oct, 2021

Whaletank Signal

Bullish momentum on the indicators, bullish structure on LTF`s. We are targeting the resistance area.

  • Risk: 2%
  • Entries: CMP (7.303), 7.225
  • Stop loss: 6.936
  • Targets: 7.591 , 7.770 , 8.036

Profits: 0.93%

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

NKNUSDT

21 Oct, 2021

Whaletank Signal

The uptrend on LTF`s, and a lot of liquidity on the upside, targeting trouble areas for bulls.

  • Risk: 2%
  • Entries: CMP( 0.47319) , 0.46974
  • Stop loss: 0.45642
  • Targets: 0.49065 , 0.50077 , 0.52057

Profits: -2.00%

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

AAVEUSDT

21 Oct, 2021

Whaletank Signal

Breaking of resistance with uptrend structure and bullish momentum on the indicators, on LTF`s and HTF`s also. Stop Loss placed according to market structure. Conservative targets, for the main resistance areas.

  • Risk: 3%
  • Entries: CMP(325.93) , 318.46 .
  • Stop loss: 290.03.
  • Targets: 353.49 , 375.31 , 399.28.

Still Active

COMPUSDT

22 Oct, 2021

Whaletank Signal

Bullish momentum, bullish structure. We are targeting liquidity. SL below swings low, preventing a break in market structure.

  • Risk: 2%
  • Entries: CMP(324.79) , 323.34
  • Stop loss: 309.93
  • Targets: 338.28 , 347.43 , 364.27

Still Active

The post October 22 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.

Read more: https://whaletank.trade/blog/october-22-weekly-signals-summary/

Text source: Whaletank Blog – Market Maker News

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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