There is one fact which would be foolish to deny: the higher market goes, the harder bears try to drag it back lower. The price is completely overbought. It would be logical to go for a correction now, but 
ETH stays at the absorption level and if the price takes hold above this $226 level, we would expect it to reach $236 as well and only then goes for a correction. Overall priority is bullish, but the market is overbought, same as $BTC.
ETH stays at the absorption level and if the price takes hold above this $226 level, we would expect it to reach $236 as well and only then goes for a correction. Overall priority is bullish, but the market is overbought, same as $BTC. 
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Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.