Riding The Wave Weekly Outlook #68
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Table of Contents
Tweets
What’s Happening Now?
What Might Happen Next?
Tweets
There is an issue between Substack and Twitter for embedding tweets. A partial fix is now in place as it allows me to include the links and some of the tweets embed but as can be seen below, a full fix is not yet available
https://twitter.com/financialjuice/status/1644289275767271426
https://twitter.com/therationalroot/status/1644382731877621760
https://twitter.com/nickgerli1/status/1644405321828294657
https://twitter.com/MacroAlf/status/1644380036500160520
https://twitter.com/WatcherGuru/status/1644319529542008833
https://twitter.com/WatcherGuru/status/1644178688714342401
https://twitter.com/WhaleChart/status/1644083254364864516
https://twitter.com/thepowerfulHRV/status/1643713198439407618
https://twitter.com/100trillionUSD/status/1643939415985729539
What’s Happening Now?
Bitcoin(BTC)
Bitcoin has continued moving sideways after hitting $30k.
Bitcoin has continued to find resistance at the bottom of the 6th resistance area.
Ethereum(Eth)
Ethereum is still above all 4 of its SMA’s and is still finding resistance at the $1900 mark.
On the daily time frame, Ethereum is still in the middle of the 8th resistance area.
Cardano(Ada)
Cardano has been rejected by the 50-week SMA but has not fallen below its 8-week SMA.
On the daily time frame, Cardano is still at the top of the 5th resistance area.
What Might Happen Next?
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