📈 TREND IS YOUR FRIEND 👑
🪙Bitcoin continues its channel movement on the daily chart. Some of you will also call this "Flag Formation", but we cannot say that the formation started to work until the upper resistance zone was broken.
💥The daily FVG region we are approaching, shown in the blue box on the chart, represents an important region. There are two situations that can be monitored here:
👉The price may receive a strong reaction from this region and take the liquidation at the level of 72.000$ .
👉If the price remains below this region, it remains below the middle region of the channel and continues its movement towards the lower support region of the channel.
Via-Coinengineer