Lucky Block Market Expectation: Lucky Block (LBLOCK) to Rise After Retracement to the $0.00014310 Support

Lucky Block Market Expectation: March 31

The Lucky Block market expectation is for the coin to keep heading upward since the $0.00014310 support is in a discount region.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.00074740, $0.00038740, $0.00034290
Demand Zones: $0.00014310, $0.00013140, $0.00010560

The LBLOCK/USD order flow has been positive since the abrupt increase from $0.00010560. The persistence of the bullish trend has also been verified by the retracement into the discount zone. The market is currently very bullish, according to both the MA Cross and the Stochastic Oscillator.

Lucky Block Price Expectation: LBLOCK/USD Outlook

The $0.00014310 price level has historically resisted a downward price flow. Yet as soon as the price dipped under the $0.00010560 demand zone to fill buy orders, there was a fakeout.

The price quickly expanded upward following the execution of the buy orders in the $0.00010560 demand zone. The quick expansion allowed the buy stops above the prior high to be cleared.

After the buy-side seized liquidity, a downside correction occurred. The $0.00010560 support and the $0.00034290 resistance are where the market’s current trading range is.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

The bullish trend has been confirmed on the four-hour chart. Due to the occurrence of the market structure shift, the confirmation took place (MSS). The buying pressure coming from the $0.00014310 support was the cause of the change in the market structure. The MA Cross further demonstrated the market’s current bullish trend.

MA Period 18 is just beginning to cross Period 40 upward on the daily chart. More bulls have descended upon the market as a result of the most recent bounce off the $0.00014310 support. According to the Stochastic Oscillator, Lucky Block is now oversold, and the price is expected to continue heading higher until the overbought state is reached.

How To Buy Lucky Block

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