btc next move. trend line support and breakout.
BTC is moving with a nice momentum candle for days and by far we have an uptrend as you see in the chart. the trend line supports the uptrend and it also follows the rules of the trend line.
next, will it break?
before breaking you can see the red box, it is an order block (supply zone). so we will touch the red box and then push it downward. the red box drawn is not perfect because it is small and was hard to include in the picture so I made it a little bit bigger. and the order block is in a higher time frame. so we will touch the supply zone and push it down.
when push down we will have enough force to break the trend line and we will take another long in 1 h order block from down.
next, will it break?
before breaking you can see the red box, it is an order block (supply zone). so we will touch the red box and then push it downward. the red box drawn is not perfect because it is small and was hard to include in the picture so I made it a little bit bigger. and the order block is in a higher time frame. so we will touch the supply zone and push it down.
when push down we will have enough force to break the trend line and we will take another long in 1 h order block from down.
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