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- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
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⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
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The support level that fell today is in the range of 863-855.
If it goes down further to the support level of 853-846.
Then the possibility of the rebound breaking the new high of 887 is very small, and it is expected that the next rebound will just be a secondary high.
The resistance level near 876
The area around 853 is the key support level of the trend line in the figure below. A break below it will mark the first time the trend line has been broken since March 10.
If the pullback does not stand above the trend line, consider that the rebound has ended.
Continue to hold short positions, 836 still has support effectiveness.
Just observe layer by layer. #BTC#