long ZIL / BTC

Updated
FA:
+ ZIL Mainnet in Q3
+ successful Testnet v2 + possibility to deploy Smart Contracts written in Scilla + over 10K TPS stresstest with 1000 Nodes and 4 shards

TA:
+ falling wedge
+ bounce of the 0.786 fib
+ bullish divergence
+ ZIL/USD holds still above a longer term bullish trendline.

- if BTC continues its uptrend without a rest it could still go lower
- we have been forming a similar wedge and broke down on June 22nd

in case it beaks down below the wedge I expect it to go to the second green Area at the 0.886 fib which should give us more support.

SA:
possibility of an ETF approval for BTC is shifting money from ALTs to BTC causing the further dump of ALTs
alts can follow as soon as BTC cools off

Note
twitter.com/zilliqa/status/1021805980701474816
ZIL gets listed on Ethfinex and Bitfinex -> community vote - 2nd place
Chart PatternsFibonacciWedgeZILBTCzilliqazilliqabtc

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