Riding The Wave Weekly Outlook #106
Welcome to Riding The Wave. If you have questions or feedback, please reply to this email. If you are new to the Newsletter, please check out what we provide on our about page and consider subscribing. Within the Newsletter, I provide News Summaries, Weekly Status Updates, & Deep Dive Articles on Specific Topics (Ex: How do I pick which coins/tokens to buy?). More details here
Table of Contents
Tweets
What’s Happening Now?
What Might Happen Next?
Tweets
https://twitter.com/WatcherGuru/status/1747976292459303313
https://twitter.com/WatcherGuru/status/1747845161638302087
https://twitter.com/AltcoinDailyio/status/1747997774375977421
https://twitter.com/EricBalchunas/status/1747981648686108887
https://twitter.com/KobeissiLetter/status/1747971415595274606
https://twitter.com/WatcherGuru/status/1748053919681449996
https://twitter.com/WatcherGuru/status/1748104886640676924
https://twitter.com/EricBalchunas/status/1748101735552299510
https://twitter.com/EricBalchunas/status/1747956852619366616
https://twitter.com/LeonidasNFT/status/1748073066628776149
https://twitter.com/JSeyff/status/1748338403551183007
https://twitter.com/zachxbt/status/1748354861878616242
https://twitter.com/intocryptoverse/status/1748372233834135594
https://twitter.com/callieabost/status/1748461093767262694
https://twitter.com/callieabost/status/1748450843404202082
What’s Happening Now?
Bitcoin(BTC)
Bitcoin is struggling to find support on its 8-week SMA.
On the daily time frame, Bitcoin has reached the bottom of the 8th resistance region, where it is finding support.
Ethereum(Eth)
Ethereum has lost its upward momentum for now but is still above its 8-week SMA.
On the daily time frame, Ethereum is finding support on the bottom of the 10th region and looks to still be testing for support.
Cardano(Ada)
Cardano is currently just under its 8-week SMA, where it is continuing to find resistance.
On the daily time frame, ADA is still in the middle of the 6th region
What Might Happen Next?
Keep reading with a 7-day free trial
Subscribe to Riding The Wave to keep reading this post and get 7 days of free access to the full post archives.