bitshares technical analysis and forecast

BTS/BTC is currently trading at 0.00008423 on poloniex exchange platform. The Pair is just sliding below 200 SMA and 200 EMA. Next area of support for the pair is around .00006900 , The pair is supported by a rising trend line and will probably retest the area of 0.00012000.

Bitshares has a circulating supply of 2,596,520,000 BTS and it is traded actively on poloniex and bittrex which are very trusted exchanges. Built using the latest in industry research, BitShares 2.0 offers a stack of financial services including exchange and banking on a blockchain.

Reference : https://bitshares.org/

Usd recovering against the board

The dollar has been regaining some strength since friday noon. Usdjpy has recovered 100 pips from 107.30¥ ...the pair might face some tough resistance at current area, however i think we might be heading towards 110.80¥ soon. Resistance area can be found at 108.40 followed by very tough resistance at 108.80¥. If broken , we will have clear way to break the medium term downtrend andstart building new bullish trend targeting a break above 115¥ in the medium term. I am on the side of that reversal scenario unless we see a decisive break below 106¥ on daily or weekly close.

BDC/BTC target and resistance levels

#Dbcbtc is targeting 0.0000001730 btc. It is starting to build up a bullish trend on small time frames. It will be a challenging area to break given the bearish trendline as well. Deepbrainchain is one of solid crypto projects that have a good profitable future. #Investincrypto

Ripple consolidating before break out

Ripple (XRP) is currently consolidating against USD before breaking out within the coming 48 hours. Next resistance lies at 1.25$ while next support lies at 1.120$. Ripple is currently trading at support and you can buy with tight exit with target around 2.30$ , first profit taking around 1.84$ if we break out of the wedge to the upside.

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