Lucky Block Market Prediction: LBLOCK Maintains Higher Lows
Login

Lucky Block Market Prediction: LBLOCK Maintains Higher Lows

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

Azeez Mustapha

Updated:

Lucky Block Market Prediction: January 20

The Lucky Block market prediction is for the buyers to continue pressing for a bullish call after anchoring the price on a higher low.

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

Key Levels:
Zones of supply: $0002980, $0.0002150
Zones of Demand: $0.00002040, $0.0001880

Lucky Block Market Prediction: LBLOCK Maintains Higher Lows

Lucky Block remains in the process of converting the market structure to support its bullish agenda. The price is being patterned to conform to a triangle formation, which will drive the coin to break the $0.0002980 resistance level. Currently, the price has touched down on the rising trendline, which acts as a support for the market. We now expect a rise back above $0.0002040 and towards $0.0002980.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK remains bullish in its approach. The market is looking to form a triangle structure in which it is capped at the top by the $0.0002980 resistance level.

At the lower level, the market keeps making higher lows following the rising trendline. This pattern is set to store momentum in the coin, which it will later unleash to break $0.0002980.

The trend is also very obvious on the EFI (Elders Force Index) chart. The powerline has spent more time in the negative value, but each movement has resulted in higher lows.

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

As for the RSI (Relative Strength Index) indicator, the line is staying more in the bullish half of the chart, but every drop in price dips the line above the border of the oversold region. On the 4-hour chart, never, the price has dropped totally to the border of the oversold region, ready for a rise, just like it did previously.

Lucky Block Market Prediction: LBLOCK Maintains Higher Lows

The EFI on the 4-hour chart has dropped below the zero level but is on the rise now and pushing against the zero level. The price is expected to have a bullish spell back above the $0.0002040 key level and then rise to test the $0.0002980 resistance level. A breakout may occur there and then, or the process will repeat itself.

How To Buy Lucky Block

NoteLearn2.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