Image of BTS
BTSBitShares
$0.001397
1.45%
1D

BitShares Analysis

Investment Score
A quick view into BitShares's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 86%
Why this state?
  • BTS is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
BTS is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 47.69, which is neither overbought nor oversold.
Volatility
Volatile
BTS ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001419 - $0.001548
Active zone
$0.0008706 - $0.001399
Support zone
$0.001236 - $0.001365
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

BitShares support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001236 - $0.001365
Resistance zone
$0.001419 - $0.001548
Active zone
$0.0008706 - $0.001399
Levels Table
LevelZoneStrength
Support 1$0.001236 - $0.001365
Resistance 1$0.001419 - $0.001548
Resistance 2$0.001561 - $0.001849
Resistance 3$0.001881 - $0.002120
Resistance 4$0.003796 - $0.003925
Active 1$0.0008706 - $0.001399
Scenario Analysis
Bullish scenario

BTS clears the resistance zone at $0.001419 - $0.001548 and holds above it. That would strengthen the breakout case and shift attention to $0.001561 - $0.001849.

Bearish scenario

BTS loses the support zone at $0.001236 - $0.001365. That would weaken the setup and open the way toward $0.001236 - $0.001365.

Neutral scenario

BTS continues trading between $0.001365 and $0.001419. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.001318
Bullish
BTS is trading above the 50-day average.
SMA200
$0.001100
Bullish
BTS remains above the long-term trend line.
EMA50
$0.001335
Bullish
BTS is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.001164
Bullish
BTS is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
47.69
Neutral
RSI (14) is at 47.69, which keeps momentum in a balanced range.
Stoch RSI (14)
3.11
Oversold
Stoch RSI (14) is low at 3.11, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₅9943
Bearish
MACD is below its signal line.
ATR
7.28%
Volatile
Volatility is above its 180-day median.
VWMA
$0.001474
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-71.60
Neutral
CCI (20) is at -71.60, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.00008027
Bearish
Awesome Oscillator is below zero at $-0.00008027, which supports bearish momentum.
Williams Percent Range (14)
-76.86
Neutral
Williams Percent Range (14) is at -76.86, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.00001794
Bearish
Bull Bear Power (13) is negative at $-0.00001794, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.63
Neutral
Ultimate Oscillator is at 48.63, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001406
Bearish
BTS is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001525
Bearish
BTS is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to BitShares

Over the past 7 days, BitShares price was most positively correlated with the price of Bitcoin SV (BSV), Bitcoin Cash (BCH), Decred (DCR), Uniswap (UNI) and LayerZero (ZRO) and most negatively correlated with the price of Pendle (PENDLE), JUST (JST), Trust Wallet Token (TWT), Aster (ASTER) and Gnosis (GNO).

Positively Correlated Currencies
NameCorrelation
Image of Bitcoin SVBitcoin SV0.657
Image of Bitcoin CashBitcoin Cash0.653
Image of DecredDecred0.624
Image of UniswapUniswap0.624
Image of LayerZeroLayerZero0.616
Negatively Correlated Currencies
NameCorrelation
Image of PendlePendle-0.518
Image of JUSTJUST-0.455
Image of Trust Wallet TokenTrust Wallet Token-0.445
Image of AsterAster-0.400
Image of GnosisGnosis-0.381

BitShares price is positively correlated with the top 10 coins by market cap with a price of 0.171, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.152. Currencies that are positively correlated with BitShares indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with BitShares, a move in one direction for BitShares would translate into a move in the opposite direction for the negatively correlated coin.

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