Crypto News

September 24 Weekly Signals Summary

Though Bitcoin has crossed 48k this week, it couldn’t hold the level and crashed to the May-July range High. The retracement to top of the range High failed at Daily EMA50 (45k) and was dumped again to the previous range High with the combination of $3Billion monthly options expiration and China trading ban news. Bitcoin dominance still ranging in the lower 40’s, with that most of the cryptocurrencies lost value except a handful of projects with supporting fundamental news.

Bitcoin is holding the 40k-42k zone well which is also the daily SMA100 level. For rallying to the range High, it first needs to reclaim weekly EMA21 (43.6k) and then the daily EMA50 (45k). If we lose this level, the next major support is weekly EMA50 (37.8k).

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SUSHIUSDT

20 Sep, 2021

Whaletank Signal

We have the bearish structure on all timeframes, on all indicators, and the overall market situation. Our price is standing at the Range now, before the incoming dip to the old support. No bull momentums also, we expect the price to continue to bottom. Taking a short with respecting the clear downtrend.

  • Risk: 2%
  • Entries: $11.179 / $11.286 / $11.389
  • Stop Loss: $11.829
  • Take Profits: $10.360 / $10.256 / $10.149

Status

Looks like the price dipped without grabbing our entries.

Trade is canceled

BTTUSDT

20 Sep, 2021

Whaletank Signal

Falling wedge pattern on HTF’s looks like we hit the bottom, on local support, looking for a bounce, and a retest.

  • Risk: 2%
  • Entries: 0.003520 (CMP)
  • Stop loss: 0.003330
  • Targets: 0.003866, 0.003909, 0.003934

Profits: -2%

CRVUSDT

20 Sep, 2021

Whaletank Signal

We got an S/R flip, we’re looking for a bounce off this area.

  • Risk: 2%
  • Entries: 2.604 (CMP)
  • Stop loss: 2.432
  • Targets: 2.733, 2.897, 2.945

Profits: -2%

CELRUSDT

21 Sep, 2021

Whaletank Signal

It’s very rare in today’s market but we found here an asset on a bullish trend on LTF’s with bullish momentum, so unless some hectic event happens with BTC, this should be fine moving on its way to the next 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: 0.10065, 0.09806, 0.09559
  • Stop loss: 0.0898
  • Targets: 0.1197, 0.1218, 0.1239

Profits: -0.43%

ANKRUSDT

21 Sep, 2021

Whaletank Signal

Bull momentum on the all LTF, close above the previous Highs, and that means the price has Market Structure Break and goes up accordingly to the uptrend. We expect to grow continuation right to the 30Min Resistance zones.

  • Risk: 2%
  • Entries: $0.08190 / $0.08123 / $0.08056
  • Stop Loss: $0.07660
  • Take profits: $0.08958 / $0.09025 / $0.09092

Trade is canceled

HNTUSDT

21 Sep. 2021

Whaletank Signal

HNT is showing a bullish trend with indicators turning to bullish momentum on LTF and is inside the HTF triangle structure. We taking entries from the hourly demand and target the untapped supply zones.

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

  • Risk: 2%
  • Entry: CMP(18.8), 18.6, 18.41
  • Take Profit: 20.4, 20.67, 21.61
  • Stop Loss: 17.8

Status

Risk has been modified to 2% for this signal. Please place the entries accordingly.

Profits: -0.61%

MATICUSDT

22 Sep, 2021

Whaletank Signal

So we observe an LTF bull trend with continuation higher as mostly coins rejected their bottom support areas. In this case, we expect the price to continue making new HH’s and the next supply area is targeted.

  • Risk: 2%
  • Entries: $ CMP (1.1184) / $1.1105 / $1.1017
  • Stop Loss: $1.0556
  • Take Profits: $1.2013 / $1.2101 / $1.2180

Status

We have been invalidated on this one, close your positions in a tiny profit.

Profits: 0.09%

TOMOUSDT

22 Sep, 2021

Whaletank Signal

The bullish trend with bullish momentum on LTF’s, consolidation above S/R flip, looking for the next supply zone.

  • Risk: 2%
  • Entries: 2.135(CMP), 2.099
  • Stop loss: 1.993
  • Targets: 2.321, 2.376

Status

LTF trend has been weakened, Book profits and close trade at the current price. 2.248

Profits: 2.16%

ASRUSDT

22 Sep, 2021

Whaletank Signal

Bullish trend on LTF’s with a bullish momentum and consolidation above resistance, we are targeting the next supply zone on HTF after LTF one has been tapped already.

  • Risk: 2%
  • Entries: 7.396(CMP), 7.287, 7.152
  • Stop loss: 6.815
  • Targets: 8.482, 8.602, 8.710

Profits: 0.26%

EOSUSDT

23 Sep, 2021

Whaletank Signal

5/10/15 bull momentum, strong uptrend accumulation. The price is under support pressure now and we expect will print another HH’s in the current trend.

  • Risk: 2%
  • Entries: $ CMP (4.325) / $4.307 / $4.291
  • Stop Loss: $4.164
  • Take Profits: $4.501 / $4.518 / $4.536

Status

The chart has been invalidated, close the positions in the current market price in order to avoid stop loss.

Profits: -0.59%

YFIIUSDT

23 Sep, 2021

Whaletank Signal

A bearish trend has been formed on LTF’s, unlike all others, therefore this should serve us as a hedging position, our next target is the LTF demand.

  • Risk: 1%
  • Entries: 4253, 4275, 4303
  • Stop loss: 4426
  • Targets: 4075, 4016, 3843

Status

Book profits and close position
The last target missed by $6, the demand zone was tapped successfully we just got slightly unlucky, better take profits here.

Profits: 1.83%

THETAUSDT

23 Sep, 2021

Whaletank Signal

THETA is showing a bullish trend with bullish momentum indicators on LTF and has broken out of an accumulation structure. We are targeting the untapped supply zones.

  • Risk: 2%
  • Entry: CMP(5.6),5.565, 5.521
  • Take Profit: 5.99, 6.1, 6.24
  • Stop Loss: 5.3

Status

Let’s close the position here with a slight loss. The position may not survive the dip.

Profits: -1.32%

LUNAUSDT

23 Sep, 2021

Whaletank Signal

Even after a recent correction, Luna has such strong support which hasn’t been broken. The price formed 3 dip rejections and now has a bull momentum, so we take a long in respect to the current trend we have.

  • Risk: 2%
  • Entries: $ CMP (33.425) / $33.136 / $32.838
  • Stop Loss: $31.973
  • Take Profits: $35.675 / $35.973 / $36.261

Profits: 3.51%

ATOMUSDT

23 Sep, 2021

Whaletank Signal

The correction to grab liquidity is giving us a good entry here, with a bullish trend that should be maintained, bullish momentum, we’re looking for the next supply.

  • Risk: 2%
  • Entries: 39.320, 38.828, 38.295
  • Stop loss: 36.091
  • Targets: 43.089, 44.112, 47.580

Status

Close signal and book profits
We reached the first target last night, now the chart is invalidated.

Profits: 0.44%

GALAUSDT

24 Sep, 2021

Whaletank Signal

Currently in a newly formed bearish trend on LTF, bearish structure, bearish momentum, setting eyes for the demand zone.

  • Risk: 2%
  • Entries: 0.10533(CMP), 0.10744
  • Stop loss: 0.11306
  • Targets: 0.09325, 0.08935

Status

Quick cash in the bank
The first target has been reached, we can move SL to breakeven(entry).

Book profits and close position

We can still go for the second target, but it could take a while, lets book it now.

Profits: 1.30%

COTIUSDT

24 Sep, 2021

Whaletank Signal

Well, the price is still on the Bullrun after the accumulation of new Demand/buyer zones, pumped after the news, and has a strong bull structure on all timeframes. Now we accumulated a new buyer zone, which going to be tested we expect, and then continuation higher. No bear momentums are not observed.

  • Risk: 2%
  • Entries: $0.54659 / $0.53673 / $0.52735
  • Stop Loss: $0.49027
  • Take Profits: $0.64609 / $0.65547 / $0.66533

Status

Close the position right on the 3-rd entry in order to avoid being stopped on the current dip.

Profits: -0.41%

The post September 24 Weekly Signals Summary appeared first on Whaletank Blog - Market Maker News.

Read more: https://whaletank.trade/blog/september-24weekly-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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