Blorenz
Long

Is this the Bottom?

BITTREX:ETHUSD   Ethereum / U.S. Dollar
full 23.6 re-tracement from the highs of $1500 - aligning with major trend-line support & overold daily RSI - there is a bullish trade her (100% ROI just taking it to the 61.8)

the risk/reward here is too juicy to pass up. also note that the ETH/BTC chart is oversold on the daily, so once we get the confirmation in BTC - this will be a solid place to park some capital, with the chance to outperform BTC returns in the near-term.

Best of luck,

will update once there has been some development in the price action.
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