Hello everyone!
I recently made a post with a bitcoin grath and made an attempt to predict the price movement.
(https://bitcointalk.org/index.php?topic=4490850.msg40389581#msg40389581)
Today I propose to take a look at the etherium grath also. Despite the fact that the crypto currency market is quite young, the laws of tech analysis here also work.
So we can use it in our trading. This is an additional tool that can help us avoid some mistakes and reduce risks.



As we can see the falling trend continues and a strong support level is at $ 300.

So in my opinion it's too early to make new purchases right now. We need to wait for $ 300 or when the price overcome the falling trend upward.

What do think about it?

Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.


On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.



Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.