Lucky Block Price Forecast- LBLOCK/USD Retraces Into Bullish Swing Equilibrium

Azeez Mustapha


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Lucky Block Price Forecast- June 29

Lucky Block Price Forecast is bullish. The market rose from the demand level of $0.00080 to $0.00110. The current market retracement is likely to gain more momentum to attack the high of the swing.

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

Key Level
Zones of supply: $0.0011800, $0.001100.
Zones of Demand: $0.000970, $0.000800

the market initiated a retracementLucky Block market price is currently above the demand level at $0.00070. The market is presently retracing to find support at the bullish trend line.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block continued the move upwards with the help of the demand level at $0.000800. A bullish trend line is anchored at the low, sightly beneath the demand level at $0.000800 and the higher low of the same demand level. The market arrived at the resistance level which is $0.001100, on the 24th of June.

There was a shift in market structure, and the market initiated a retracement . The high that formed on the 24th of June was an internal high because it wasn’t strong enough to push the previous high. The bearish trend line above the hourly candles is also acting as resistance to the market.

LBlock market is currently oversold on the 30-minute chart. This is likely to inspire more buying activity. The market is currently retracing to seek bullishness on the ascending trend line.

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

LBLOCK/USD has retraced to the equilibrium of the bullish swing, as seen on the five-minute chart. Lower highs and lows are leading the market to the major demand level at $0.0009700.
the market initiated a retracementLucky Block is expected to experience a change in market direction at the test of the bullish trend line. The market is expected to push up to the resistance level above at $0.001100.

How To Buy Lucky Block 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.

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