Dan_Cruise

BCH/USDT: Daily buy signal confirmed

Long
Dan_Cruise Updated   
HTX:BCHUSDT   Bitcoin Cash Node / Tether USD
1D chart>>
1--The price breaks up the downtrend line(red line),then stands above the EMA60,and retests the downtrendline.
2--A buy signal has been confirmed.
3--Use the Fibnacii Retracement Tool, we can get some potiential targets,as picture shows

To archive these targets,price should break up the EMA30(yellow one),we can set condition alert through tradingview.
MACD,DIF has not formed a golden cross with DEA yet.

Above all,there exists a good spot trade chance, a strick stop-loss(such as EMA60) would be better.

Operations>>

buy at current price,
use low price or EMA60 as stop-loss

Refer Points>>

T1: 283.68
T2:299.63
Comment:
Target 1 done, Target 2 is coming.

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