Lucky Block Price Forecast: LBLOCK/USD Gyrates in a Bullish Range

Updated:

Lucky Block Price Forecast: June 2

The Lucky Block price forecast that the bullish take off at $0.00120 area of interest.


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

Key Levels:
Supply Zones: $0.00280, $0.00180
Demand Zones: $0.00120, $0.0080
Lucky Block Price Forecast: LBLOCK/USD Gyrates in a Bullish RangeLucky Block changed direction at $0.00080. A bullish take off occurred at $0.00120 on the 19th of May. The bullish take-off was aggressive due to the buying orders since the 12th of May when the demand zone was reached.


Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCK/USD is currently approaching the point of interest at $0.00120. The point of interest was the final confirmation of the bullish reversal. The same bullish surge from $0.00080 caused a break in the market structure.

The critical level at $0.00280 was seen to oppose the upward move. This led to the initiation of a sell to buy move. A change of direction occurred below $0.00280 to seek the point of interest for bullish continuation.

The internal structural low that formed on the 22nd of May was swept. The displacement seen on the 24th of May is confirmation of the selloff to the bullish point of interest.


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

LBLOCK/USD is currently at 78 percent of the Fibonacci, which is an excellent level for going long. On the 31st of May, there was a break in the structure to lead the market to the support level.
Lucky Block Price Forecast: LBLOCK/USD Gyrates in a Bullish RangeTwo flip zones have been posted above the current price. A reversal is expected at the point of interest at the $0.00120 demand level. The key level at $0.00180 is expected to be reached after the reversal at $0.00120.

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.