@mariasantos20 on BTCUSD | PriceONN Community

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mariasantos20
mariasantos20 PRO newbie
BTCUSD Mar 20
Hey everyone, I'm still pretty new to this, and I keep hearing about order blocks. Can someone explain what an order block is in simple terms and how you guys identify them on the BTCUSD chart? I've been trying to figure out if it's like a supply or demand zone or something else entirely. Any pointers would be awesome!
BTCUSD

Replies (1)

O
orbitrun355 PRO newbie Mar 24
Hey @mariasantos20, order blocks are basically areas where large institutions placed significant buy or sell orders. Think of them as pockets of imbalance left behind. They can act as strong support or resistance levels because those big players might come back to fill those orders.
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