The current price: 1620
Key point: 1505
Our preferred direction: buying positions above 1505 levels, targeting 1800 as a first target, then 1900 as a second target
Alternative scenario: stop the loss and change the direction by breaking 1505, targeting 1360
Technical comment
Ethereum rose on the daily time frame from the support levels 1080 from the bottom of last November, forming an upward trend line, penetrating a downward trend line from the top of last August, so that the price is expected to rise to 1800 levels
