September 03 Weekly Signals Summary
Bitcoin held the Daily EMA20 level nicely this week after testing two times and reclaimed the 50k level again. After five consecutive green weeks, BTC closed in red in the previous week. As of this writing, it is trading just below the 51.5k level.
Bitcoin dominance had lost another 3% this week, currently sitting near a critical support area. With many cryptocurrencies recording All-Time-Highs, this was a very good week. Ethereum crossed 4,000 after 3 months, ADA crossed $3, Solano recording ATH every day, and NFT sales are booming with its tokens pumping.
If Bitcoin can successfully close daily candles above 51500 we may see a rally to claim the previous ATH levels. But the price-volume divergence is still there on the daily charts, so it needs serious volumes to break this level. The critical supports lie around 46500 where the daily EMA20 and SMA200 levels are situated. If BTC dominance loses its current level of 41.5, it will be going to 40 where we have major support from the past cycle.
If you are still not part of our community on telegram, join here: https://t.me/whaletank
AAVEUSDT
30 August, 2021
Whaletank Signal
We will likely tap the next demand zone after the price consolidates beneath previous support, inside a bearish trend on LTF.
- Risk: 2%
- Entries: 355.15(CMP), 357.14
- Stop loss: 362.33
- Targets: 345.84, 341.20
Status
Profits: -2.00%
One of our free channel traders shared this amazing money shot after following one of our signals
WAVESUSDT
30 August, 2021
Whaletank Signal
A bullish trend confirmed all the indicators and no breaks in structure. The price moves up without pullbacks; we expect the price to continue the current trend and taking a long position.
- Risk: 1%
- Entries: $ CMP (26.145) / $26.038 / $25.942
- Stop Loss: $25.504
- Take Profits: $26.977 / $27.056 / $27.146
Status
All our targets have been reached in 1 minute.
Profits: 1.65%
KAVAUSDT
30 August, 2021
Whaletank Signal
The price has a bullish structure with the potential to continue higher. Right now, the price has bullish invalidate before the strong uptrend we expect.
- Risk: 1%
- Entries: $8.4889 / $8.4689 / $8.4466
- Stop Loss: $8.3017
- Take Profits: $8.7947 / $8.8351 / $8.8728
Status
The price went up so fast without filling our entries.
The trade is canceled.
One of our free channel traders shared this amazing money shot after following one of our signals
THETAUSDT
30 August, 2021
Whaletank Signal
THETA is in a bearish trend with bearish momentum indicators on LTF, and the price is moving in a descending channel. We are targeting the lower TL of the channel after taking entries from the upper TL’s supply zone.
- Risk: 1%
- Entry: CMP (6.74), 6.8, 6.88
- Take Profit: 6.18, 5.995, 5.78
- Stop Loss: 7.155
Signal update
Would you please change entries, targets, and SL? We’re making this a scalp trade.
- Risk: 1%
- Entry: 6.74(old CMP entry), 6.752, 6.784
- Take Profit: 6.505, 6.46, 6.384
- Stop Loss: 6.882
Status
Let’s close our remaining positions at 6.7. The short setup is getting invalidated on LTFs.
We’ve taken all entries and reached 2/3 targets.
Profits: 1.65%
TRBUSDT
31 August, 2021
Whaletank Signal
We take a long position regarding a bullish trend and expect the price to pull back to 10Min Demand for a retest and print a new HH as the structure of a current trend has no changes.
- Risk: 1%
- Entries: $ CMP (54.00) / $53.71 / $53.45
- Stop Loss: $52.75
- Take Profits: $56.29 / $56.42 / $56.53
Status
(scalp long) – Have been stopped out.
Profits: -1.00%
One of our free channel traders shared this amazing money shot after following one of our signals
KSMUSDT
31 August, 2021
Whaletank Signal
KSM is in a bullish trend with indicators showing bullish momentum continuation, and the price is broken out of a bullish ascending triangle. Entry is from retest to the triangle and targets the next daily S/R level.
- Risk: 1%
- Entry: 325.1, 322, 318.4
- Take Profit: 341.1, 346.05, 349.50
- Stop Loss: 312.5
Status
Price went to targets before taking our entries without a retest.
Trade is canceled.
OCEANUSDT
31 August, 2021
Whaletank Signal
We found a great setup that has met a resistance area, consolidating above before striking up the Daily Range. We expect the price to continue the current trend with a bit of pullback soon.
- Risk: 1%
- Entries: $ CMP (0.87404) / $0.86927 / $0.86463
- Stop Loss: $0.84956
- Take Profits: $0.90267 / $0.90619 / $0.90958
Status
Book profits, close signal.
Missed its targets by an inch, supply zone has been hit and rejected as our plan suggested, we just been unlucky. Current price: 0.8874
Profits: 1.32%
One of our free channel traders shared this amazing money shot after following one of our signals
1INCHUSDT
31 August, 2021
Whaletank Signal
We’re seeing a bullish trend forming on LTF’s after grabbing liquidity on the downside, we’re expecting to do now the same to the upside.
Warning: Don’t FOMO all-in at the current market price. we place entries according to what has been given here.
- Risk: 2%
- Entries: 3.114, 3.082
- Stop loss: 3.033
- Targets: 3.207, 3.239
Status
The first target has been reached; the second one was almost missed by just a tiny bit.
Unfortunately, it fell to SL after that journey, still ended up with a nice chunk of profit since our risk: reward ratio was 2.2.
Profits: 0.68%
FILUSDT
31 August, 2021
Whaletank Signal
FIL has turned to a bullish trend with bullish momentum indicators, and the price is broken out of a triangle. We are targeting the next daily resistance zone.
- Risk: 1%
- Entry: CMP (76.25), 75.85, 75.5
- Take Profit: 79.88, 80.87, 81.96
- Stop Loss: 73.815
Status
Would you please close the trade at the breakeven price or above (75.85)? We might be in a LTF distribution event, which will take our SL.
Trade is canceled.
One of our free channel traders shared this amazing money shot after following one of our signals
OCEANUSDT
01 Sep, 2021
Whaletank Signal
Standing on a newly created support, 15min ribbon, while on the freshly formed LTF bullish trend and bullish momentum on the indicators, we’re expected to meet our closest supply area.
- Risk: 2%
- Entries: 0.8702(CMP), 0.8671
- Stop loss: 0.8567
- Targets: 0.8942, 0.8996
Status
All of our targets have been reached.
Profits: 1.98%
BTTUSDT
01 Sep, 2021
Whaletank Signal
Moving in a bullish trend on LTF’s, sitting right on support, bullish momentum is on, we’re looking for the next hourly supply zone.
Risk: 2%
- Entries: 0.004267(CMP), 0.004237
- Stop loss: 0.004166
- Targets: 0.004411, 0.004459
Status
Book profits and close this signal at the current price of 0.004368
The trend just got weaker, it’s safer to book it now.
Profits: 3.34%
One of our free channel traders shared this amazing money shot after following one of our signals
DENTUSDT
01 Sep, 2021
Whaletank Signal
We found a bullish trend on LTF’s with a bullish momentum, price consolidation above S/R flip, were ready for the next leg up into the hourly supply zone. This trade will be given only 1% risk due to overbought indicators. Higher risk involves.
- Risk: 1%
- Entries: 0.006106(CMP), 0.006052, 0.005994
- Stop loss: 0.005903
- Targets: 0.006374, 0.006425, 0.006466
Status
Similar situation to #BTT, the trend is getting weak, so does the momentum.
Close signal, and book the tiny profit we made here Current price: 0.006085
Profits: 0.01%
ENJUSDT
02 Sep, 2021
Whaletank Signal
I got a few short setups, but none of them is looking just as good as this long one; it answers all of my analysis criteria and is looking ready to reach its hourly supply.
Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.
- Risk: 2%
- Entries: 2.074, 2.061
- Stop loss: 2.003
- Targets: 2.195, 2.224, 2.248
Status
Profits: -2.00%
One of our free channel traders shared this amazing money shot after following one of our signals
KSMUSDT
02 Sep, 2021
Whaletank Signal
continuation, and the price is on the verge of breaking out of a bullish triangle, targets the next daily S/R level.
- Risk: 1%
- Entry: CMP(401), 394.15, 388.25
- Take Profit: 419, 427.3, 435
- Stop Loss: 378.4
Status
We’ve hit target 1.
Unfortunately, it started pumping the moment we shared the signal and caught the first entry only. But profit is profit. You can move the stop loss to entry price (401).
Profits: 1.79%
GRTUSDT
02 Sep, 2021
Whaletank Signal
Bullish trend on LTF’s with a bullish structure and momentum, looking to tap that hourly supply.
Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.
- Risk: 2%
- Entries: 0.929, 0.924
- Stop loss: 0.908
- Targets: 0.963, 0.972
Status
Profits: -2.00%
AVAXUSDT
03 Sep, 2021
Whaletank Signal
Extremely high funding fees while moving inside a falling wedge on HTF’s, targeting the next liquidity pool.
- Risk: 3%
- Entries: 43.91, 44.65, 45.39
- Stop loss: 48.21
- Targets: 37.22, 36.49, 35.79
Status
Profits: -3.00%
ATOMUSDT
03 Sep, 2021
Whaletank Signal
Bearish trend/structure on LTF’s with a bearish momentum, high funding rates, it’s targeting the next demand area.
- Risk: 2%
- Entries: 24.522, 24.735
- Stop loss: 25.134
- Targets: 23.634, 23.426, 23.259
Status
Still Active
DOTUSDT
03 Sep, 2021
Whaletank Signal
Currently running uptrend. The price accumulates a new Demand zone before blow up as we have now a nice bullish momentum on all the timeframes. Taking long in respect with a bull trend now.
- Risk: 2%
- Entries: $ CMP (33.274) / $33.092 / $32.914
- Stop Loss: $32.315
- Take Profits: $35.233 / $35.411 / $35.594
Status
The price has been invalidated, and the area where our entries become resistant.
We close this signal in a slight loss to avoid hit stop loss, as the trend changed to a bearish one.
Profits: -0.45%
CHZUSDT
03 Sep, 2021
Whaletank Signal
CHZ is in a bullish trend with further bullish momentum indicators and is broken out of a triangle structure. We are taking entry on the retest and targeting the next supply zones.
- Risk: 1%
- Entry: 0.3885, 0.3868, 0.385
- Take Profit: 0.4065, 0.41115, 0.4158
- Stop Loss: 0.3762
Status
Still Active
AUDIOUSDT
03 Sep, 2021
Whaletank Signal
AUDIO has turned to a bullish trend with bullish indicators and is broken out of a falling wedge structure. With the positive news of Solana NFT integration, there is a lot of retail interest. We are targeting the top of the wedge structure after taking entries from the retest of the breakout.
- Risk: 1%
- Entry: 2.95, 2.825, 2.68
- Take Profit: 3.46, 3.765, 4
- Stop Loss: 2.445
Status
Still Active
The post September 03 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.
Read more: https://whaletank.trade/blog/september-03-weekly-signals-summary/
Text source: Whaletank Blog – Market Maker News
