Hello Traders! As we can see from the chart, 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 ETHUSD with a final target at $1028.00 which is also where the 61.8% Fibo retracement will be found.
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