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Lucky Block Market Prediction: September 26
The Lucky Block market prediction is for the coin to set itself for a breakout, as it gives more signals for a breakout.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000650
The Lucky Block market has given the latest sign of an impending volatile breakout. In late August, the price broke out of a triangle and surged directly to $0.0001250 before retracing back to the support level. About a month later, the price surged again off the support level to test the same resistance level, but the price once again retraced to the support level. All these are strong pointers to the impending explosive breakout of the price beyond $0.0001250.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
There is a compelling indication of an imminent breakout in the Lucky Block market. Back in late August, the price made a significant breakout from a triangular pattern, surging directly to $0.0001250 before retracing to the support level.
About a month later, the price once again surged off the support level to test the same resistance, followed by another retracement to support.
These repeated patterns strongly suggest an impending explosive breakout beyond the $0.0001250 level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Despite the retracements to the support level, the daily Parabolic SAR (Stop and Reverse) dots continue to align below the daily candlesticks, signaling a noteworthy opportunity for investors to prepare for the anticipated upward movement. Additionally, the daily Stochastic Oscillator’s oversold position underscores the market’s current state at the demand level.
Analyzing the 4-hour chart, the Parabolic SAR remains above the candles. However, once these dots shift below the candles, it will serve as a compelling signal to enter the market. Moreover, the oversold status of the 4-hour Stochastic further supports the expectation of an impending price rise.
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.
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