September 10 Weekly Signals Summary
The overleveraged traders had a nightmare week with bitcoin crashing 25% from the peak to weekly EMA20. Bitcoin lost the Daily EMA20 level for the first time after crossing on July 23 and currently trading just above the EMA50 level. Price is ranging in 45.5k and 47.5k.
Bitcoin dominance rebounded after touching the 40, currently at 41. Although all the cryptocurrencies dumped along with Bitcoin, many have started recovering with supporting fundamental news. Solana, Fantom, FTX Token, Quant, and some others started recording All-Time-Highs. This week also saw the plummeting NFT sales volume indicating the bubble bursting, though the Ethereum gas prices remain sky-high because of NFT mania.
After this flash crash, Bitcoin needs to consolidate in range before moving in any direction. It is currently moving irrationally lacking trends with many fakeouts in both directions to grab liquidity. We can expect to create a new range between the support zone (43.8k – 42.5k) and the resistance zone (47.5k – 49k) in the coming days of September.
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BELUSDT
06 Sep, 2021
Whlatetank Signal
We found BEL under resistance now, ranging price reached Highs and going to retest demand zone now. No prerequisites to break up the current structure to bullish trend are observed; we expect the price to return to Range Low.
- Risk: 1%
- Entries: $ CMP (2.8171) / $2.8293 / $2.8409
- Stop Loss: $2.8650
- Take Profits: $2.7473 / $2.7373 / $2.7268
Status
The price caught 2/3 entries and reached our 1/3 Take Profit. Most likely, we are at the bottom, so close the remaining orders.
Profits: 2.56%
One of our free channel traders shared this amazing money shot after following one of our signals
AVAXUSDT
07 Sep, 2021
Whlatetank Signal
AVAX has turned into a bearish trend, with indicators flashing bearish momentum on LTF. We are taking entry from the HTF supply zone and targeting the HTF support zone.
- Risk: 1%
- Entry: CMP (45.1), 45.6, 45.98
- Take Profit: 42.365, 40.835, 39.21
- Stop Loss: 47.66
Status
We’ve reached target 1. Now you may secure the profits by moving the SL to entry. We’ve caught only the first entry (1/3).
The second target reached (2/3)…
We’ve reached the last target by a giant wick (3/3)..
Profits: 1.68%
SRMUSDT
07 Sep, 2021
Whlatetank Signal
We found a nice setup with the price standing on the support. Fakeout took liquidity and the price is on the uptrend now, so we expect the price to continue growing up with respect to the structure.
- Risk: 1%
- Entries: $ CMP (9.740) / $9.565 / $9.400
- Stop Loss: $9.070
- Take Profits: $11.130 / $11.295 / $11.469
Status
Profits: -1.00%
One of our free channel traders shared this amazing money shot after following one of our signals
XLMUSDT
07 Sep, 2021
Whlatetank Signal
The trend on LTF has shifted bearish, so does the momentum; we expect the trend to hold another wave and send us into the next 15min demand zone while funding rates are incredibly high.
- Risk: 2%
- Entries: 0.4081, 0.4111, 0.4143
- Stop loss: 0.4209
- Targets: 0.3950, 0.3916, 0.3883
Status
We reached our targets without filling up the entries; the signal is closed
Trade is canceled.
XLMUSDT
07 Sep, 2021
Whlatetank Signal
Price has dropped down to the liquidity area; we’re oversold on LTF indicators; this would be the perfect spot for a bounce-back into the upper resistance of the LTF trend.
- Risk: 2%
- Entries: 0.3915(CMP), 0.3873
- Stop loss: 0.3808
- Targets: 0.4052, 0.4084, 0.4119
Status
We got stopped out on this one.
Profits: -2.00%
One of our free channel traders shared this amazing money shot after following one of our signals
NEOUSDT
07 Sep, 2021
Whlatetank Signal
We got a strong confirmed downtrend, with a bearish structure formed, bearish momentum on the indicators, and were looking for trend continuation into the next demand zone.
Warning: Don’t FOMO all-in at the current market price. We place entries according to what has been given here.
- Risk: 2%
- Entries: 58.54(CMP), 59.52, 60.42
- Stop loss: 61.88
- Targets: 55.25, 54.65, 54.01
Status
We’ve reached the first target; the rest of the entries are canceled, SL moved to breakeven.
Profits: 1.18%
MATICUSDT
07 Sep, 2021
Whlatetank Signal
We have 5Min/15Min/1H Bearish trend, as the price can’t pass the EMA Ribbon, with ranging on the low’s now. We expect the price to dip lower, for liquidity grab and reject the resistance since we have a bear trend now.
- Risk: 1%
- Entries: $1.5352 / $1.5545 / $1.5717
- Stop Loss: $1.6371
- Take Profits: $1.4230 / $1.4057 / $1.3865
Status
Too fast drop without filling entries, CMP preferred.
Trade is canceled.
One of our free channel traders shared this amazing money shot after following one of our signals
SOLUSDT
08 Sep, 2021
Whlatetank Signal
We’ve made quite a distance from our trend resistance; we’re looking to test it again before a potential trend continuation.
- Risk: 2%
- Entries: 153.2(CMP), 150.1
- Stop loss: 144.9
- Targets: 163.2, 167.1
Signal update
We can move SL to a breakeven price. Both entries have been successfully caught.
The first target has been reached. Close the remaining of the position at the current price: 161.5
Profits: 3.22%
LUNAUSDT
08 Sep, 2021
Whlatetank Signal
Well, after yesterday’s dropping, the most coins reached their bottom, rejected it and ranging as well. Considering we have no slightest hint of a bull movement or recovery, we have a bearish trend now and strongly should follow it.
So we expect the price to reject a Demand zone a little bit and continue to strike down Lows in a current bearish trend.
- Risk: 1%
- Entries: $ CMP (25.898) / $26.280 / $26.666
- Stop Loss: $27.709
- Take Profits: $23.701 / $23.436 / $23.145
Status
The trend has changed.
Profits: -1.00%
One of our free channel traders shared this amazing money shot after following one of our signals
DOTUSDT
08 Sep, 2021
Whlatetank Signal
The price formed a 15Min Demand in respect of the bullish trend. Now, we expect the price to test and reject this area as a bull movement confirms we have an uptrend now.
- Risk: 1%
- Entries: $27.237 / $26.951 / $26.665
- Stop Loss: $25.521
- Take Profits: $29.493 / $29.779 / $30.065
Status
The price went up without filling our entries.
The trade is canceled.
KSMUSDT
09 Sep, 2021
Whlatetank Signal
A strong uptrend with a few pullbacks pushes the price up. We follow the trend until the price has not faced resistance yet.
- Risk: 1%
- Entries: $ CMP (356.79) / $352.77 / $348.53
- Stop Loss: $340.83
- Take Profits: $373.14 / $377.38 / $381.40
Status
All targets have been reached.
Profits: 2.09%
One of our free channel traders shared this amazing money shot after following one of our signals
ATOMUSDT
09 Sep, 2021
Whlatetank Signal
Although the uncertainty surrounding the market, this one is looking bullish and is following all of our analysis criteria, with a bullish trend on LTF’s, bullish momentum, and a bullish structure, with decent funding rates.
- Risk: 2%
- Entries: 23.211, 22.585, 22.030
- Stop loss: 20.996
- Targets: 25.447, 26.155, 26.999
Status
This one has survived the crazy SL hunt and is now reaching targets.
The first one has been reached.
2nd target has been reached as well; we can close the remaining position here instead of hoping for the 3rd since LTF indicators are overbought.
Profits: 2.69%
DEFIUSDT
09 Sep, 2021
Whlatetank Signal
The price caught an uptrend with a few pullbacks with no resistance. We expect the structure to remain the same and the price to continue pushing higher in the current bull market.
- Risk: 1%
- Entries: $ CMP (2529.7) / $2504.6 / $2482.8
- Stop Loss: $2420.7
- Take Profits: $2672.4 / $2694.2 / $2719.3
Signal update
We got a downtrend on LTF’s with a bearish momentum and bearish structure; we are looking for continuation into the next demand zone.
Risk: 2%
Entries: 2513, 2533, 2556
Stop loss: 2598
Targets: 2410, 2394, 2381
All 3 entries have been caught, the bounce took us up to the level that holds the LTF downtrend, if broken and we hit SL, the chart is invalidated. That’s trading; you can always be invalidated; you trade with the higher probabilities and hope for the best.
Charts seem harder than ever to predict right now, too many emotions out there accurately.
The area that should have been resistant to the downtrend has decided to act as support; it will be too risky to continue riding this trade, close it now in a breakeven.
LL targets have been reached, LOL. RIP.
I closed this one on breakeven after we had a false bounce of what seemed to be a newly created support. Sucks.
Profits: -1.00%
One of our free channel traders shared this amazing money shot after following one of our signals
SOLUSDT
09 Sep, 2021
Whlatetank Signal
Unstoppable SOL being on the uptrend even with BTC dropping. Now, the price accumulated the power to grow again after being at the Range, we expect SOL to explode up again as it were before – approved by a bullish trend.
- Risk: 2%
- Entries: $ CMP (211.264) / $207.923 / $204.486
- Stop Loss: $198.301
- Take Profits: $226.976 / $230.412 / $233.753
Status
Huge market drop due to BTC dumping.
Profits: -1.00%
FTMUSDT
09 Sep, 2021
Whlatetank Signal
Fantom is in a bullish trend with indicators showing further bullish momentum and forming an ascending triangle structure.
- Risk: 1%
- Entry: CMP(1.875), 1.825
- Take Profit: 1.9895, 2.11, 2.20
- Stop Loss: 1.744
Signal update
Please close the position at the current price with minor Profit—reason: LTF invalidation and bearish divergence.
Profits: 0.02%
One of our free channel traders shared this amazing money shot after following one of our signals
AKROUSDT
09 Sep, 2021
Whlatetank Signal
AKRO is turning into a bearish trend with bearish momentum indicators on LTF, and the price is breaking out of a triangle structure. We’re targeting the lows printed on the last dip.
- Risk: 1%
- Entry: 0.0277, 0.02820, 0.02860
- Take Profit: 0.02545, 0.02445, 0.0234
- Stop Loss: 0.02998
Status
Profits: -1.00%
ETHUSDT
09 Sep, 2021
Whlatetank Signal
A bearish trend has been formed on LTF’s, bearish structure, and now we see bearish momentum.
- Risk: 2%
- Entries: 3468(CMP), 3483
- Stop loss: 3548
- Targets: 3364, 3328
Status
We got stopped out on this one.
Profits: -2.00%
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