Image of BTS
BTSBitShares
$0.001509
-1.32%
1D

BitShares Analysis

Investment Score
A quick view into BitShares's investment prospects.
8.6

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Volatile
Confidence: 95%
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 60.30, 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
$0.002509 - $0.003573
Active zone
$0.0005963 - $0.002362
Support zone
$0.0008512 - $0.001399
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
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
$0.0008512 - $0.001399
Resistance zone
$0.002509 - $0.003573
Active zone
$0.0005963 - $0.002362
Levels Table
LevelZoneStrength
Support 1$0.0008512 - $0.001399
Resistance 1$0.002509 - $0.003573
Active 1$0.0005963 - $0.002362
Scenario Analysis
Bullish scenario

BTS clears the resistance zone at $0.002509 - $0.003573 and holds above it. That would strengthen the breakout case and shift attention to $0.002509 - $0.003573.

Bearish scenario

BTS loses the support zone at $0.0008512 - $0.001399. That would weaken the setup and open the way toward $0.0008512 - $0.001399.

Neutral scenario

BTS continues trading between $0.001399 and $0.002509. 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
$0.001152
Bullish
BTS is trading above the 50-day average.
SMA200
$0.001057
Bullish
BTS remains above the long-term trend line.
EMA50
$0.001185
Bullish
BTS is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.001095
Bullish
BTS is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
60.30
Neutral
RSI (14) is at 60.30, which keeps momentum in a balanced range.
Stoch RSI (14)
30.15
Neutral
Stoch RSI (14) is at 30.15, which suggests momentum is active but not yet extreme.
MACD
0.00008078
Bullish
MACD is above its signal line.
ATR
30.11%
Volatile
Volatility is above its 180-day median.
VWMA
$0.001250
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
43.54
Neutral
CCI (20) is at 43.54, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0001858
Bullish
Awesome Oscillator is above zero at $0.0001858, which supports bullish momentum.
Williams Percent Range (14)
-89.89
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -89.89.
Bull Bear Power (13)
$0.0001428
Bullish
Bull Bear Power (13) is positive at $0.0001428, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
15.42
Oversold
Ultimate Oscillator is weak at 15.42, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.001420
Bearish
BTS is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002459
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 Nexo (NEXO), Venice Token (VVV), Mantle (MNT), Bitget Token (BGB) and VeChain (VET) and most negatively correlated with the price of APENFT (NFT), Jupiter (JUP), JUST (JST), Official Trump (TRUMP) and Bonk (BONK).

Positively Correlated Currencies
NameCorrelation
Image of NexoNexo0.609
Image of Venice TokenVenice Token0.488
Image of MantleMantle0.430
Image of Bitget TokenBitget Token0.273
Image of VeChainVeChain0.267
Negatively Correlated Currencies
NameCorrelation
Image of APENFTAPENFT-0.240
Image of JupiterJupiter-0.219
Image of JUSTJUST-0.210
Image of Official TrumpOfficial Trump-0.203
Image of BonkBonk-0.156

BitShares price is positively correlated with the top 10 coins by market cap with a price of 0.014, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.039. 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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