Lblock Is Accumulating Bullish Strength at $0.0002160
Login

Lucky Block Market Expectation: LBLOCK Is Accumulating Bullish Strength at $0.0002160

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Lucky Block Market Expectation: October 18

The Lucky Block market expectation is for the price to keep gathering bullish strength at the $0.0002160 key support level, after which the coin is expected to spring upward.

LBLOCK/USD Long-Term Trend: Bullish (4-hours Chart)

Key Levels:
Zones of supply: $0.0008360, $0.0005000, $0.0009860
Zones of Demand: $0.0003130, $0.0002980, $0.0001880

Lblock Is Accumulating Bullish Strength at $0.0002160

The Lucky Block currently gathering bullish strength at the key support level of $0.0002160. The coin has been working to repel the bearish influence that has been dominant on it, and the buyers have done excellently well to put a stop to the trend, first of all. Then the price gradually began an upward climb. The first step is to settle and regain strength at $0.0002160. That is working out perfectly well currently.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

The buyers have pushed the price upward from $0.0001880 after a short period of price accumulation. The market has now risen above the key support of $0.0002160.

Above the $0.0002160 key support, the same strategy applies, to gather bullish strength and fervor and launch upward to the next key level from there.

Despite the consolidation, the Parabolic SAR (Stop and Reverse) firmly bids for the upward movement of the coin. Meanwhile, the Stochastic Oscillator lines have plunged into the oversold region and are in buyers’ favor because of an imminent rise.

LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)

Generally, the Parabolic SAR (Stop and Reverse) alternates around the candlesticks to show the current market accumulation. However, there is a tendency for the price to begin the movement in the direction that the Parabolic SAR dots are currently supporting. And so, in both time frames, the dots are below the candles.

Lblock Is Accumulating Bullish Strength at $0.0002160

On the 1-hour chart, the Stochastic Oscillator lines have made a double bounce off the oversold border. Once again, this is in favor of the bulls. Once the lines comfortably break the middle line threshold. This propels the market to continue its foray higher with a target of the $0.0005000 price level.

How To Buy Lucky Block

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
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • 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

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News