I would venture to say:
Uptrend: The #BTC $BTC is showing a strong uptrend in the 1-month period. The shorter moving averages (like MA(7)) are crossing above the longer averages, indicating positive momentum. The chart shows a recent peak at R$95,382.32, which could act as resistance. If broken, it is possible that the price will continue to rise towards R$110,000, but an increase in volume will be needed to sustain this movement. Break of the resistance at R$95,382: This is crucial to confirm the rise. Remembering to everyone that I am new here in this crypto world, but I am dedicating 30% of my time to studying this market and I am falling in love. I may be wrong about what I'm saying, but the numbers don't lie 😁
What do you think? Comment here so I know if I'm on the right track 👍🏻 #USJoblessClaimsDrop #BinanceAlphaAlert #CryptoMarketDip