It indicates the continuation of the Ethereum upward trend on the daily interval, which gives us the opportunity to take an upward position if the local trend is exceeded by the downward trend line.
Then we will be able to take an upward position which, after exceeding the safe price line 4929, will give us a safe way to take the profits of the generation on the price levels 5146, 6062, 6989.
When it comes to negating this scenario, we can designate two exit points - an aggressive stop loss at the price of 2220 and the second safe at the price of 1260.
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