ETH/USDT probable price reduction

as shown in the chart the ETH has managed to reach 61.8 of Fibonacci in the ascending rally. in my opinion, we have a correction in the price down to TP1, in case of lack of support at this point, the price can decrease to TP2.
I think the TP1 is more probable because the MA200 and a support line both are supporting the price.

Good luck guys
FibonacciMoving AveragesSupport and Resistance

Also on:

Disclaimer