Riding The Wave Weekly Outlook #103
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Table of Contents
Tweets
What’s Happening Now?
What Might Happen Next?
Tweets
https://twitter.com/EricBalchunas/status/1740821222450168113
https://twitter.com/BTC_Archive/status/1740685406465839291
https://twitter.com/BTC_Archive/status/1740827109273268649
https://twitter.com/WatcherGuru/status/1740826996492374223
What’s Happening Now?
Bitcoin(BTC)
Bitcoin is still far above the 4 SMA’s we track and may be looking for support on its 8 week SMA.
Bitcoin is having a difficult time breaking through the top of the 8th resistance region.
Ethereum(Eth)
Ethereum has moved sideways after the rally we saw 3 weeks ago.
On the daily time frame it is now trying to break through the top of the 9th region.
Cardano(Ada)
Cardano followed the rest of Crypto in rallying several weeks ago but has failed to break through its 200-week SMA.
On the daily time frame, ADA is at the top of the 6th region and has been trying to break through into the 7th without falling back into the 6th region.
What Might Happen Next?
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