Riding The Wave Weekly Outlook #108

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

1. Tweets

2. What’s Happening Now?

3. What Might Happen Next?

---

Tweets

https://twitter.com/KobeissiLetter/status/1753069629377781954

https://twitter.com/nickgerli1/status/1752849711541735428

https://twitter.com/WatcherGuru/status/1753455503097659561

https://twitter.com/WatcherGuru/status/1753109940179481038

https://twitter.com/KobeissiLetter/status/1753132561092546928

https://twitter.com/Matt_Hougan/status/1753183681110564931

https://twitter.com/WallStreetSilv/status/1753141078100750494

https://twitter.com/GameofTrades_/status/1753474612653166780

https://twitter.com/APompliano/status/1753241684677157279

---

What’s Happening Now?

Bitcoin(BTC)

Bitcoin has continued to hold steady near its 8-week SMA.

Weekly Timeframe Bitcoin (pink line = 8 week SMA, green line = 20 week SMA, yellow line = 50 week SMA, red line = 200 week SMA)

On the daily time frame, Bitcoin has rallied off of the bottom of the 8th resistance region and moved to near the top of the 8th region.

Daily Timeframe Bitcoin. Red/blue boxes are potential area support/resistance

Ethereum(Eth)

Ethereum has pulled back to just above its 8-week SMA.

Weekly Timeframe Ethereum (light red line = 8 week SMA, green line = 20 week SMA, yellow line = 50 week SMA, red line = 200 week SMA)

Ethereum has continued within the 9th region.

Daily Timeframe Ethereum. Red boxes are potential areas of support/resistance

Cardano(Ada)

Cardano is once again attempting to break through its 8-week SMA.

Weekly Timeframe Cardano(light red line = 8 week SMA, green line = 20 week SMA, yellow line = 50 week SMA, red line = 200 week SMA)

On the daily time frame, ADA has moved to the middle of the 6th region.

Daily Timeframe Cardano. Red boxes are potential areas of support/resistance

---

What Might Happen Next?