30 and 50 MA -> possible bearish cross on the weekly for BITFINEX:BTCUSD
we need to get through the 50MA and stay their in order to not cross.
a cross of the 30 and 50MA on weekly happened twice in history of bitcoin
a weekly close above the 50MA would be a really positive sign for $BTC
FA :
$ETH s biggest use case right now is ICOs and it hosts many of them on a daily basis. because of that more and more ETH is not only locked away in the hands of startups but this also creates not stopping demand for ETH itself.
for this ETH would need to solve many issues its confronted with right now like scaling.
it would need some real dAPPs with actual...
FA :
+ possibility of ETF approval within 2018
+ its BTC
TA :
- bearish divergence
- overbought
- TD9 on Daily
+ longs went down and reduce sell pressure
SA :
- every time price gets lower it gets bought up very quickly
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...
