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Lucky Block Market Prediction – May 14
The Lucky Block market prediction is for LBLOCKUSD to keep moving up to test the $0.0000360 resistance with the intent to trigger a breakout.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones:$0.0000360, $0.0000260
Lucky Block is still navigating through to the resistance level through a triangle structure to rally. The coin has thrown upward a lot of spikes towards the resistance level even before testing it properly. After the first test at the resistance from inside the triangle, the price dropped back to the lower border of the triangle. At this point, the market has started gathering bullish candlesticks again for another test at the resistance level that may eventually lead to the anticipated breakout.
Lucky Block Market Prediction: LBLOCKUSD Eyes the $0.0000360
LBLOCKUSD steadily charts its course toward the $0.0000360 resistance level, maneuvering through a triangular structure as part of its rally strategy.
With its initial testing, the coin showcases resilience, with numerous upward spikes directed toward the resistance level, indicating bullish intent.
Following an initial setback post-resistance test within the triangle, the market exhibits a resurgence of bullish candlesticks, setting the stage for another potential breakout attempt.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
A notable spike toward the $0.0000470 mark prompts a shift in dynamics, with the Parabolic SAR (Stop and Reverse) dots exerting downward pressure on the market. However, this is expected to reverse upon breaching the $0.0000360 resistance, signaling a shift in momentum. Meanwhile, the EFI (Elders Force Index) power line stabilizes around the equilibrium level, poised for bullish action.
Examining the 4-hour chart, the alternating arrangement of the Parabolic SAR dots around the candles, particularly with more dots positioned above, reflects market fluctuations. Similarly, the EFI power line oscillates around the zero level, underscoring market equilibrium ahead of a potential breakout. Crypto signals suggest an equilibrium state in the market, awaiting a decisive move from bulls to trigger a breakout.
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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