BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
BCHUSDT since the recent market correction, is once again testing a historically strong level of demand for this market. We can see price is already starting to reject this zone with a possible double bottom forming on the 4hr TF. On the daily we have a M formation in which we expect the market to complete the pattern at the neckline giving us our first upside target, if price then manages to break above the neckline resistance our second target will be the next level of daily supply. We could first see a final sweep of liquidity below the support to hunt stops, we will be waiting on lower timeframes for entry rules to be satisfied first before we can look for a valid entry.