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Lucky Block Market Prediction: January 18
The Lucky Block market prediction is for the buyers to make use of the new consolidation move to drive the price to the target of $0.0000880.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0001100, $0.0000600
Demand Zones: $0.0000470, $0.0000360, $0.0000260
Lucky Block can be said to have reinstated the market back above the $0.0000470 significant level. This shows how much the buyers have a say in the market. Even though it was the previous triangular tactics that led to a drop, the bulls would now return to their goal of trying to push the price beyond the $0.0000600 resistance level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block has successfully reinstated the market above the significant level of $0.0000470.
In doing this, the coin is showcasing the assertiveness of the buyers in the market.
Despite a prior drop caused by triangular tactics, the bulls are now regaining control, aiming to propel the price beyond the $0.0000600 resistance level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
On the daily chart, the Parabolic SAR (Stop and Reverse) maintains its position above the candlesticks, reflecting the previous market drop. Meanwhile, the daily Elders Force Index (EFI) remains relatively steady, oscillating around the equilibrium level.
Analyzing the 4-hour timeframe, in recent times, we now have more of the Parabolic SAR dots below the candlesticks, which signal a positive shift after the market overcame the drop and rose back above the key level of $0.0000470. The earlier drop pushed the EFI below the zero level, but the recovery has elevated it to align with the zero level. LBLOCKUSD is now poised to target $0.0000600.
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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