Ethereum (ETH) has broken the long-term trend line and price is trying to change from a downtrend to an uptrend.

A good indicator of a bullish trend is a test of the trend line as support. This indicates the buyer’s presence. We can also see that the price has reacted to a large value zone and bounced from it.

We are waiting for further growth of Ethereum and reaction of other altcoins.

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.