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Lucky Block Market Prediction: December 4
The Lucky Block market prediction is for the price to maintain its ascendency in the parallel channel till it gathers strength for a massive breakout.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
The Lucky Block market has continued its gentle rising movement through the parallel channel. As the bullish cycle kicks in, the candlesticks keep making upward thrusts with large candlesticks. It is expected that the price will rise to test the channel’s upper border and could even surge further to complete a breakout.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK continues its gradual ascent within the confines of its parallel channel, thereby exhibiting an ongoing bullish cycle.
This cycle is characterized by upward thrusts marked by substantial candlesticks.
Anticipation builds for a potential upward trajectory testing the upper boundary of the channel, with the prospect of a breakout beyond.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
The daily chart shows the Moving Average period 30 (MA 30) strategically positioned beneath the daily candlesticks, providing a supportive foundation that contributes to the upward momentum. The Moving Average Convergence Divergence (MACD) indicator portrays a consistently upward-trending line, poised to cross the zero level in the same timeframe.
Similarly, on the 4-hour chart, the MA 30 line underscores the candlesticks, reinforcing the upward trajectory. Notably, the MACD lines exhibit progress, transitioning from oscillating around the zero level to moving laterally above it. These indicators collectively suggest a sustained upward movement for LBLOCK within its parallel channel.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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