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
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