Lucky Block Price Forecast- LBLOCK Bullish Breakout
Login

Lucky Block Price Forecast- LBLOCK/USD Makes a Bullish Breakout of the Descending Channel

Estimated Reading Time: 2 minutes

Azeez Mustapha

Updated:

Lucky Block Price Forecast- July 1

Lucky Block price forecast calls for the ascension of the market to the $0.0010600 resistance zone.

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

Key Levels:
Zones of supply: $0.0011000, $0.0010600.
Zones of Demand: 0.0009200, $0.0008810
Lucky Block Price Forecast- LBLOCK/USD Makes a Bullish Breakout of the Descending Channel Lucky Block has invalidated the bearish channel with a break and retest on the 30-minute chart. The breakout occurred with an increase in bullish momentum.

Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCK/USD has experienced a bullish market reversal at the $0.0008810 demand level. The market faced resistance at $0.0011000. The momentum of the previous bullish trend dropped on the 24th of June. The Moving Averages for periods nine and twenty-one also crossed to signify a change in direction at the resistance level.

The market descended to the support level at $0.0008100 through a bearish channel. The bearish move ended at $0.0008810. The highs formed prior to the support level test have been swept. This signifies a change in market direction.

The Moving Average period nine crossed above the Moving Average period twenty-one after the test of the support level. The bullish market shift was fulfilled with an increase in bullish momentum. The market has retested the upper border of the bearish channel. The bulls are expected to gain more momentum with the retest of the bearish trend line.

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

LBLOCK/USD has formed a bullish expanding channel on the 5-minute chart. Multiple bullish breaks of structure have formed consistently to seek the resistance levels resting above.
Lucky Block Price Forecast- LBLOCK/USD Makes a Bullish Breakout of the Descending Channel The market has retraced into a bullish confluence formed by the cross of the bearish and bullish trend lines. The market is expected to ascend to the major level at $0.0010600.

How To Buy Lucky Block


NoteLearn2.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