Main items we can see on the 8HS chart:
a) The price is on the lower zone of the descending channel
b) Also, the price is supported by a strong bullish Area (Massive Support zone)
c) We can observe that an ABC Zig-Zag pattern has been broken and now the price is between the broken trendline and the next descending trendline
d) Based on this we expect a bullish movement towards the next level at 0.63000
a) The price is on the lower zone of the descending channel
b) Also, the price is supported by a strong bullish Area (Massive Support zone)
c) We can observe that an ABC Zig-Zag pattern has been broken and now the price is between the broken trendline and the next descending trendline
d) Based on this we expect a bullish movement towards the next level at 0.63000
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