Ethereum Technical Analysis for 04/11/2016 – Returning Volatility

[themerkle]

I stated before that my fundamental bias would be bullish towards this pair, however that isn’t what the fundamentals suggest as make lower highs and lower lows. This generally suggests that the bears are in control. We can see a possible channel pattern developing for this pair as well.

Read more and see the charts: http://themerkle.com/ethereum-technical-analysis-for-04112016/

[sandiman]

Technical analysis can easily be proven wrong in normal markets, even more in cryptoccurency. Let's see what ethereum will do now.

[Quartx]

Technical analysis can easily be proven wrong in normal markets, even more in cryptoccurency. Let's see what ethereum will do now.

Im seeing a very familar chart history