Lucky Block Market Prediction: Lucky Block Continues to Rise Through Parallel Channel

Azeez Mustapha



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Lucky Block Market Prediction: November 21

The Lucky Block market prediction is for the coin to maintain its bullish momentum through a parallel channel trajectory.

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

Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200

Lucky Block Market Prediction: Lucky Block Continues to Rise Through Parallel Channel

Lucky Block keeps rising through a parallel channel. The coin previously slipped below the present support line at $0.0000260; nevertheless, the buyers have been making much effort to bring the market back on top par as well as set it for the initial bullish course. This is being done with a consistent bullish movement through a parallel channel. As of the time of writing, there are consistent bullish candles that are about to rise into the upper half of the channel.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block continues its upward trajectory within a parallel channel, having previously dipped below the established support line at $0.0000260.

Despite this setback, buyers have diligently worked to restore market momentum and align it with the initial bullish course, achieved through a sustained bullish movement within the parallel channel.

At present, ongoing upward momentum is reflected in the formation of consistent bullish candles, poised to ascend into the upper half of the channel.

Market Expectations

Examining the daily chart, the Moving Average (MA) Cross, while maintaining a predominantly sideways movement, acts as support beneath the daily candlesticks. Concurrently, the Stochastic Oscillator lines have ascended into the upper half of their chart, exhibiting a consistent undulating pattern.

TradingView Chart

On the 4-hour chart, the MA Cross lines, having initially moved laterally, have now crossed upward, emphasizing the presence of bullish candlesticks above them. The Stochastic Oscillator lines are making efforts to surpass the middle line of the chart, indicating an inclination toward upward movement. The trajectory suggests that LBLOCK is anticipated to continue its ascent, aiming for the $0.0000360 resistance level.

How To Buy Lucky Block 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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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