#Mubarak Analysis ■
Price: 0.0359USDT
• Change: +8.78% today
Chart Pattern:
• Ascending Channel: The chart shows an ascending channel pattern, which is defined by two upward-sloping parallel lines: one connecting the highs and the other connecting the lows.
• Support: The lower trendline of the channel acts as a dynamic support level.
• Resistance: The upper trendline acts as a dynamic resistance level.
• Potential target: If it breaks the resistance it could go up to 0.0400.
• Support: Currently it's at 0.0307.
Technical Indicators:
• Volume SMA: Volume levels appear to be around the 14-20.
Order Book:
• Bid/Ask: The order book shows the current bids (buy orders) and asks (sell orders).
Overall Impression:
• Positive Momentum: The MUBARAK/USDT pair is currently showing positive momentum.
• Ascending Channel is Bullish: The ascending channel can suggest that the price is on an uptrend, but corrections can occur, especially when the price tests resistance levels.