ETH out of it's rising wedge now what's next?

ETH has confirmed a retracement, has broken the 21 and 34 daily EMA. For now I'm eyeing the 0.618 ($3499.57) Fibonacci level being the first strongest support as it's almost in confluence with the 21 weekly EMA at the time of writing this update

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ETH touches the Fib level 0.618 last December 4 and got a bounce there sorry guys for taking this for a long time to update this