What is the order block trading method?

Understanding the dynamics of order blocks and rejection blocks is essential for traders looking to capitalize on potential market movements. By recognizing these patterns, traders can make more informed decisions about their trading strategies and potentially profit from the resulting price swings.

Institutional traders, being the major players in the market, often place large orders in specific areas, forming what is known as an order block. These large orders can significantly impact the price movement of an asset, causing potential reversals or continuations in the trend.

One platform that caters to traders seeking to capitalize on market movements is BTCC, a top cryptocurrency exchange that offers a range of services to suit the needs of different traders.

On the contrary, a rejection block emerges when the market's price action attempts to breach through an established order block but encounters resistance, resulting in a failure to move past it. This phenomenon signifies a strong opposition force within the market, hinting at a possible reversal in the price trend.

Among BTCC's services are spot trading, which allows traders to buy and sell cryptocurrencies at current market prices, and futures trading, providing traders with the opportunity to speculate on future price movements.