Riding The Wave Weekly Outlook #99

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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/1723068006350356849

https://twitter.com/WhaleChart/status/1722999147484028937

https://twitter.com/therationalroot/status/1722980938043322760

https://twitter.com/StealthQE4/status/1722676966371754463

https://twitter.com/heartereum/status/1722935285275652149

https://twitter.com/BTC_Archive/status/1722598694644531327

https://twitter.com/WatcherGuru/status/1722718377645412410

https://twitter.com/WatcherGuru/status/1722731099174920303

https://twitter.com/EricBalchunas/status/1722632267032613146

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What’s Happening Now?

Bitcoin(BTC)

Bitcoin has moved into the high $30k range.

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 now in the middle of the 7th region.

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

Ethereum(Eth)

Ethereum has broken above $2000.

Eth Weekly Timeframe Ethereum

On the daily time frame it looks to be finding resistance on the top of the 8th resistance region.

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

Cardano(Ada)

Cardano has broken through and rallied above its 50 week SMA

Weekly Timeframe Cardano

On the daily time frame, ADA is still in the 5th region but is just barely short of its top.

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

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What Might Happen Next?