Lucky Block Price Forecast – May 20
The Lucky Block price forecast is extremely bullish as it breaks through the major resistance zone at $0.002100.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Key Levels:
Supply Zones: $0.002500, $0.002100, $0.001800
Demand Zones: $0.001220, $0.000910, $0.000780 
LBLOCK/USD shoots to the moon as the market breaks through multiple resistance zones. Lucky Block bounced back and forth through a parallel channel from the first day of May. The market eventually experienced a market reversal at $0.000780.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBlock reversed with a double bottom pattern which was formed above the $0.000780 demand zone. The market posted higher highs and lows from the demand zone. There was a breakout of the parallel channel after the cross of the Moving Average period eighty-nine and two hundred.
As the market ascended from the demand zones, the average directional index indicated that the bullish trend was very strong. An ascending triangle pattern was also formed from the demand zone.
The market surged, violating multiple resistance zones with a single impulsive move. Lucky is up more than 50% today, but still more than 430% from all-time highs! The opportunity to bank BIG is now!
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The 5-minute chart shows the steep slope of the bullish rally on Lucky Block. The candles of the 5-minute chart are above the multiple Moving Averages. The Moving Averages are supporting bullish action. 
The supply levels in the market are extremely weak. The presence of the resistance level at $0.001800 was not effective as the market rallied easily past it. The market is currently not showing any signs of a bearish reversal. The next resistance zone at $0.002500 is expected to be struck very soon.
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
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
