Zzrot

ETH/USD Entry

Long
BITFINEX:ETHUSD   Ethereum
RSI was way oversold on the 4hr, and daily. RSI has not been as low as it was on the daily since December 6, 2016. I scaled in my buys on spot at 491, 478, 471, and 459, just barely missing what appears to be a bottom at the 24h low of 450. I will start to scale out at 430 if it tries to break down. I'll hold until I get sell signals on the MACD, RSI, and monitor momentum with the Elder Force Index to look out for a reversal.

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