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ETH trend line and fib levels

INDEX:ETHUSD   Ethereum
#ETH/USD
$ETH trend lines and fibonacci levels show that price is at support between 0.5 and 0.618 fib levels.

🐮 holding this support will head up price toward descending resistance around $3300 and breaking this trend line will increase ETH to $3700 and $4200.

🐻 it is possible that price drop more to 0.786 fib level that is the same with ascending support. then increase.

🐻🐻 breaking down from support of 0.786 fib level will drop price to $2000 and lower.

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