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ETH fibonacci levels and trend lines

INDEX:ETHUSD   以太坊
#ETH/USD
$ETH trend lines and fibonacci levels shows price can drop more to support zone that is between 0.5 and 0.618 fib levels of short term (4h) swing high around $2700.

🐮 holding this zone as support which is the same with long term ascending support, will increase price to break out from resistance zone that is around 0.5 fib level of last swing high and reach price to trend line around $3800.

🐻 break down from support zone will drop price to lower trend line around $2000.

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