Riding The Wave Weekly Outlook #92

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Table of Contents

1. Tweets

2. What’s Happening Now?

3. What Might Happen Next?

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Tweets

https://twitter.com/GameofTrades_/status/1704922188308959262

https://twitter.com/callieabost/status/1704905602047336855

https://twitter.com/MacroAlf/status/1704888466356486158

https://twitter.com/GameofTrades_/status/1704895765074632870

https://twitter.com/WatcherGuru/status/1704881989520630226

https://twitter.com/GameofTrades_/status/1704869339919167660

https://twitter.com/intocryptoverse/status/1704566342823608625

https://twitter.com/callieabost/status/1704847889288003986

https://twitter.com/WhaleChart/status/1704844424889455035

https://twitter.com/MacroAlf/status/1704844402827350265

https://twitter.com/WhaleChart/status/1704810965458403482

https://twitter.com/WatcherGuru/status/1704587656749838467

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What’s Happening Now?

Bitcoin(BTC)

Bitcoin tried to go above its 8-week SMA but has not yet succeeded.

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 continued to move sideways in the 5th region.

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

Ethereum(Eth)

Ethereum has continued to move sideways while barely finding support on its 200-week SMA & 50-week SMA.

Weekly Timeframe Ethereum

Ethereum has continued to move sideways in the 8th resistance region.

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

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What Might Happen Next?