Riding The Wave

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Riding The Wave
Riding The Wave
Riding The Wave Weekly Outlook #93

Riding The Wave Weekly Outlook #93

Thomas Holland's avatar
Thomas Holland
Sep 29, 2023
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Riding The Wave
Riding The Wave
Riding The Wave Weekly Outlook #93
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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/WatcherGuru/status/1707761934735388750

https://twitter.com/unusual_whales/status/1707505905485717949

https://twitter.com/WatcherGuru/status/1707505378341052803

https://twitter.com/WhaleChart/status/1707329227895243260

https://twitter.com/KobeissiLetter/status/1707073866470691250

https://twitter.com/LucaNetz/status/1707052773756297341

https://twitter.com/WatcherGuru/status/1707050399482401190

https://twitter.com/callieabost/status/1707091293883506924

https://twitter.com/intocryptoverse/status/1707111366580953140

https://twitter.com/WatcherGuru/status/1707058072223363209

https://twitter.com/WatcherGuru/status/1707086467334336802


What’s Happening Now?

Bitcoin(BTC)

Bitcoin is now just above 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 is continuing to stay within its 5th resistance region.

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

Ethereum has moved just above its 4 SMA’s other than its 20-week SMA.

Weekly Timeframe Ethereum

Ethereum has continued to move sideways in the 8th resistance region towards the bottom of the 8th 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

What Might Happen Next?

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