Skip to content
Forex

Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation: LBLOCK/USD Seeks Bullish Order Blocks Within Major Zones

Article Rating:
Based on 1 vote
Login to rate this article.
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation: LBLOCK/USD Seeks Bullish Order Blocks Within Major Zones

Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation: May 5

The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market anticipation remains unyielding to the bears. The initial breakout on the 2nd is still uncompromised as the bulls are unwilling to let go.


LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.0018000, $0.0017220
Demand Zones: $0.0015740, $0.0012820
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation: LBLOCK/USD Seeks Bullish Order Blocks Within Major Zones LBLOCK/USD bulls have shown a great magnitude of strength since the beginning of the month. There was a successful reversal from the bearish trend to the current bullish trend in the market.


Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation: LBLOCK/USD Expectation

On the third of May, the Average Directional Index revealed that the bullish trend exhibited so much energy in pushing up. The retracement from the impulsive move by the bulls was less energetic as the Average Directional Index slumped from 80 to 20.

LBlock has found it difficult to fall beyond $0.0015740. The void formed due to the rapid rise in price between $0.0017220 and $0.0015740 which has been filled up.

The retracement of the bullish trend has not sized up as the bullish order block lurks below 0.0015740.


LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

LBlock is currently testing the first bullish order block to aim for the resistance zone at $0.001800. Multiple bullish order blocks are resting below the current order block on the 5-minute chart.
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Anticipation: LBLOCK/USD Seeks Bullish Order Blocks Within Major Zones The Bollinger Band is showing the sloppy correction from the resistance zone at $0.001800. The candles gently gyrate between the bands as the market dips towards the bullish order blocks. The lower order blocks are expected to facilitate the bullish momentum to attack the resistance level at $0.0017220 first

How To Buy Lucky Block – Guide, Tips & Insights | Learn 2 Trade 

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9