price may break support and drop

We have broken the 0.382 but climbed back above in the last 2 4Hr Candles, currently if we continue to move towards the support at 0.382 (~37750) another test and we may drop back to the 0.5 around 36k, bringing us into the Golden zone where we have our CME gap from our move up out of the low 30's and back into the low 40's and high 30's where we have remained until now.

If we break the 0.618 we may move all the way down to ~ 32.5k

Comment:

I believe we will bounce off the 0.5 to continue our next move up