"In the daily timeframe, we have observed a reaction to the butterfly harmonic pattern in the past. So far, there has been a correction to the 50% Fibonacci level. The expectation is for the downward trend to continue until the 61.8% level. Subsequently, with the confluence of the 200-day moving average, it is anticipated to initiate its support and rise above $12."
Chart PatternsHarmonic PatternsTrend Analysis

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