Lucky Block Price Anticipation: Lblock Lays Siege Below Supply
Login

Lucky Block Price Anticipation: Lblock Lays a Siege Below the Supply Level  

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

Azeez Mustapha

Updated:

Lucky Block Price Anticipation – July 6

The Lucky Block price anticipation is for the market to break past its current resistance zone and continue its bullish adventure to reclaim higher price levels. 
 


LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00093270, $0.00092110
Demand Zones: $0.00091220, $0.00089540
Lucky Block Price Anticipation Prediction: Lblock Lays a Siege Below the Supply Level   Lblock is still on its journey of trying to reclaim higher price levels. As a result, the price has been upward abounding since it engineered a reversal at the $0.00086860 demand level. LBLOCK began a steady upward, tapering through a rising wedge chart pattern. However, the price has now been blocked at $0.00092110, but the buyers remain agile to breakthrough.
 


Lucky Block Market Prediction: LBLOCK/USD Continues in an Uptrend

On the 4th of July, the market broke out of a descending channel formation to begin an uptrend. The price rose quickly and got to the $0.0009327 supply level by the 5th, where it was rejected and dipped.
 
Similarly, Lblock dropped strongly to reach a significant support level at $0.0008686. It is at this point that the bulls begin to engineer a reversal. The price took off with consecutive bullish candles on the same day.
 
The 6th and 7th of July were used to push the price through a rising wedge pattern till it hit a supply zone at $0.00092110. Lblock is battling to continue its uptrend. The Parabolic SAR (Stop and Reverse) alternates around the candles.
 


LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

Something remarkable is happening in the market. As the price keeps struggling to break through the $0.00092110 resistance, it lays low for some hours, and then a significant upward spike appears at the time of writing. The spike makes a meal of the $0.00092110 resistance and shoots further upwards past several levels.
Lucky Block Price Anticipation Prediction: Lblock Lays a Siege Below the Supply Level   The spike happens despite the Parabolic SAR giving indications of a price drop. The MACD (Moving Average Convergence Divergence) also uses its lines to show that the bulls will exert upward strength. The bars have switched to bullish before it happens on the 15-minute chart. There should at least be a retracement before the price keeps rising.
 
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.

  • 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