Riding The Wave

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Riding The Wave
Riding The Wave
Riding The Wave Weekly Outlook #95

Riding The Wave Weekly Outlook #95

Thomas Holland's avatar
Thomas Holland
Oct 13, 2023
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Riding The Wave
Riding The Wave
Riding The Wave Weekly Outlook #95
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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/unusual_whales/status/1712651942453825900

https://twitter.com/VailshireCap/status/1712813974331519113

https://twitter.com/MacroAlf/status/1712840176861381081

https://twitter.com/unusual_whales/status/1712823250294862110

https://twitter.com/BTC_Archive/status/1712799700418478346

https://twitter.com/unusual_whales/status/1712495087882502343

https://twitter.com/WhaleChart/status/1712534282760237491

https://twitter.com/intocryptoverse/status/1712569373590798782

https://twitter.com/WatcherGuru/status/1712445994304946234


What’s Happening Now?

Bitcoin(BTC)

Bitcoin failed to hold 2 of its SMA’s and dropped back down to 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 in its 5th resistance region.

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

Ethereum has now dropped back below all 4 of the SMA’s we are tracking

Eth Weekly Timeframe Ethereum

Ethereum is now barely holding within the 8th resistance region.

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

Cardano has dropped back below its 8-week SMA.

Weekly Timeframe Cardano

On the daily time frame Cardano is continuing to move sideways.

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

What Might Happen Next?

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