Riding The Wave

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Riding The Wave
Riding The Wave
Riding The Wave Weekly Outlook #90

Riding The Wave Weekly Outlook #90

Thomas Holland's avatar
Thomas Holland
Sep 09, 2023
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Riding The Wave
Riding The Wave
Riding The Wave Weekly Outlook #90
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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/therationalroot/status/1700156284161470626

https://twitter.com/therationalroot/status/1700238329835319667

https://twitter.com/caprioleio/status/1699925688948756673

https://twitter.com/ProofOfSteve/status/1700047232115028041

https://twitter.com/KobeissiLetter/status/1699952460213723393

https://twitter.com/NickTimiraos/status/1699776157451776368

https://twitter.com/KobeissiLetter/status/1699757406090379349

https://twitter.com/unusual_whales/status/1699752121338368104

https://twitter.com/el_crypto_prof/status/1699475334054436917

https://twitter.com/GameofTrades_/status/1699769493671846194


What’s Happening Now?

Bitcoin(BTC)

Bitcoin hasn’t moved much this week, continuing to move sideways along this trend’s previous low.

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

Bitcoin is continuing to move sideways on the daily time frame.

Daily Timeframe Bitcoin. Red/blue boxes are potential area support/resistance
Ethereum(Eth)

Ethereum has continued to find support on its 200-week SMA & 50-week SMA.

Weekly Timeframe Ethereum

Ethereum has also moved sideways on the daily time frame.

Daily Timeframe Ethereum. Red boxes are potential areas of support/resistance
Cardano(Ada)

Cardano has continued to stay below all 4 of its core SMA’s.

Weekly Timeframe Cardano

On the daily time frame, Cardano has continued to move sideways.

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

What Might Happen Next?

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