• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Lucky Block Price Prediction: LBLOCKUSD Price Hints Potential Recovery at the $0.00004199 High Mark

Johnathon Fox
02/05/2024 | UPDATED ON: 02/05/2024

Lucky Block Price Prediction – February 5
As an outcome of the high bullish impact on the Lucky Block pair, the coin price hints at a potential recovery at the $0.0000419 high mark resulting in an intraday gain. Thus, a bullish crossover above the $0.0001074 high mark will encourage the buy investors for a longer correction and this might reach a high at the $0.0002000 upper supply trend line which would trigger the buying opportunity for traders and improve the crypto signals for the coin investors.

Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200
Lucky Block Price Prediction: LBLOCKUSD Price Hints Potential Recovery at the $0.00004199 High Mark
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD price hints at a potential recovery in the long-term outlook. The coin price currently trades in green below the EMA which confirms its bearishness.

The interference of short-term traders to the $0.0000371 in the past few days has contributed to its bearishness in its recent price level.

The coin price hints at a potential recovery on the daily chart today and it is currently facing resistance and trading at the $0.0000419 correction level below the EMA-50. This indicates that buyers are defending at this level and attempting to push the price higher.

Hence, a strong push by the long traders above the $0.0001074 previous supply level will offer strong resistance to the crypto price, resulting in a high buying potential for the crypto market.

In addition, the LBLOCKUSD price indicates an upward momentum on the daily signal, this indicates that the pair which has just hinted at a potential recovery will continue to increase to the upsides and this may get to the $0.0002000 resistance trend mark soon in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The chart below also indicates that the bulls have driven the Lucky Block price to hint at a potential recovery in its medium-term time frame.
Lucky Block Price Prediction: LBLOCKUSD Price Hints Potential Recovery at the $0.00004199 High Mark
The market price which has just hinted at a potential recovery above the EMA-50 shows that the price may now be trading in a new ascending channel.

The bulls have sustained the crypto market at the $0.0000409 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.

The momentum remains in an uptrend despite the push from the short traders, the bulls made a potential recovery at the $0.0000419 high mark above the EMA-50 as the 4-hour chart resumes today. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line. Thus, closing the 4-hourly session above the $0.0000556 previous swing high will put the trade more on the buy side.

The coin is pointing up on the daily stochastic as the price of LBLOCKUSD hints at a potential recovery; this implies that the bulls may continue to dictate market direction and this may reach the $0.0002000 upper high level sooner in its medium-term outlook. Hence, buyers may take a position as desired.

You can purchase Lucky Block here. Buy LBLOCK

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Quant (QNTUSD) Price Remains Pressured above the $102.90 High Value
Next Post: Manta Network (MANTAUSD) on the Verge of More Upsides »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com 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.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US