BillCharison

#ETHEREUM - Analysing The Aftermath of PUMP

COINBASE:ETHUSD   Ethereum
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.

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