Thoughts? This will be playing out today

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so im not so sure this long white trend line ive drawn would have enough significance to force a major move from btc by interacting with it. we are squeezing between it and the channel, and the 50ema will collide soon as well. i just dont know if this line could have that much significance? it will be playing out today most likely, defintely the next couple of days. what you guys think? i had also posted this a couple days ago, but apparently i had moved the trend line by accident so it was a little off, didnt notice until this morning LOL
Nota
annnnd immediately after i posed this we broke down pretty decisively through the white line. guess we will find out shortly
Bitcoin (Cryptocurrency)BTCChart PatternsTrend Analysis

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