Hello Traders! As we can see from the chart, BITFINEX:ETHUSD has recently broken the trend-line is was capped by. We can see that the $400s if a very strong area of demand dating back to the last major rally at the end of 2017.
We are entering long on BITFINEX:ETHUSD with a final target at $1028.00 which is also where the 61.8% Fibo retracement will be found.