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Etherum will recover soon

Etherum , the second most popular crypto currency after bitcoin and the platform for smart contracts technology slid from 300$ to 184$ at the time of writing this post. The fall took just 48 hours or so. However , there is a bullish divergence on the RSI ( relative strength index) and it says that etherum might recover sooner than we think. Current area is a good one to get long and start adding more if we get to 85$ ...because finally , we will get back to 300$ atleast at year end. So you may double your money on that trade. It is just a game of wait and see . Financial markets are all about timing. Remember to follow me for updates on this trade and more . keep checking the blog or simply subscribe by email to get the updates . My twitter handle : @b4borio

Bitshares supported at 0.000043 btc

Bts/btc (bitshares/bitcoin) is down 25% last week and has been down to 0.000038btc fro. 0.000053btc. On January 9 , bitshares started effectively its discounted subscription fee , this news should have boosted the altcoin , however it was down around 13% Technically speaking , bts/btc should find strong support around 0.000043 and start building a rising trend again probably targeting 0.00083 btc on the long run.

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/