Lucky Block Price Forecast- LBLOCK/USD Delivered Buy-Side Delivery of the Market

Updated:

 Lucky Block Price Forecast- June 24

Lucky Block price forecast is bullish. The sell-side delivery of the market ended on the 18th of June, resulting in bullishness in the market.

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

Key Levels:
Zones of supply: $0.0011000, $0.0011800. 
Zones of Demand: $0.000970, $0.000800
Lucky Block Price Forecast- LBLOCK/USD delivered buy-side delivery of the market
Lucky Block has fulfilled the bearish swing from $0.001180 to $0.000800. The market is currently soaring to attack buy-side liquidity. 

Lucky Block Price Forecast: LBLOCK/USD Outlook 

Lucky Block fulfilled its downward push to the demand level at $0.0008000, and the market faced resistance at $0.0011800. This led to a bearish price pullback. There was more accumulation of positions between the supply level at $0.0011000 and the demand level at $0.0009700.


The demand level at $0.0008000 was eventually hit on the 18th of June. The Moving Average Period Fifty and Twenty crossed on the 19th of May to confirm the initiation of the buy-side delivery. The Parabolic SAR (Stop and Reverse) indicator also lined up beneath the 30-minute candles above the $0.0008000 demand level.  The market was already oversold at the cross of the Moving Averages. This led to an upthrust from the demand level.

 
The market has been in an accumulation phase since the key level at $0.0009700 was passed. The Moving Averages crossed sideways to show the consolidation above the $0.0009700 demand level. The market tested the demand level again on the 22nd of June and has taken off from there.

Medium-Term Trend: Bullish (5-minute chart) 

LBLOCK/USD experienced a bullish breakout from the descending triangle, as seen on the five-minute chart. This resulted in an increase in the market price of Lucky Block. 
Lucky Block Price Forecast- LBLOCK/USD delivered buy-side delivery of the market The market has reached the supply zone at $0.0011000 and is expected to continue rising to reach the $0.0011800 resistance level. 

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.

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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.