Riding The Wave Weekly Outlook #98

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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/1720508643823775772

https://twitter.com/intocryptoverse/status/1720525318409040107

https://twitter.com/heartereum/status/1720470837424222528

https://twitter.com/BTC_Archive/status/1720445145445752896

https://twitter.com/GameofTrades_/status/1720452018026807464

https://twitter.com/callieabost/status/1720471343789994053

https://twitter.com/BTC_Archive/status/1720402879528177981

https://twitter.com/MacroAlf/status/1720425477930922021

https://twitter.com/GameofTrades_/status/1720414838609109231

https://twitter.com/intocryptoverse/status/1720418984351219767

https://twitter.com/intocryptoverse/status/1720422135007511011

https://twitter.com/callieabost/status/1720422547315990642

https://twitter.com/AutismCapital/status/1720237286422712324

https://twitter.com/GameofTrades_/status/1720165127637569624

https://twitter.com/WhaleChart/status/1720203115683565904

https://twitter.com/thedefiedge/status/1720038489419595983

https://twitter.com/DylanLeClair_/status/1720100117238469016

https://twitter.com/BTC_Archive/status/1720061919044718838

https://twitter.com/rektcapital/status/1720024375703797857

https://twitter.com/therationalroot/status/1720079798104621485

https://twitter.com/rektcapital/status/1720022151242129466

https://twitter.com/WatcherGuru/status/1720046212886229163

https://twitter.com/saylor/status/1719851862562590824

https://twitter.com/MatthewHyland_/status/1719868830816575749

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What’s Happening Now?

Bitcoin(BTC)

Bitcoin has continued to push slightly higher and maintained staying in the low $30k’s.

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 still in the lower section of the 7th resistance region but it has moved slightly higher since last week.

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

Ethereum(Eth)

Ethereum has continued to push higher staying above the 4 SMA’s we track

Eth Weekly Timeframe Ethereum

Ethereum is still in the middle of the 8th resistance region.

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

Cardano(Ada)

Cardano has pushed even higher and is now above its 50-week SMA, which it has been below since July.

Weekly Timeframe Cardano

On the daily time frame, ADA is still in the 5th region but is getting closer to the upper portion of it.

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

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What Might Happen Next?