critical support for eth has been reached will this hodl?

61.8 fibbinacci retracement from the bottom as well as touching oversold on the 4 hour at the exact same time I personally do believe this level will hodl and see continuation however if it does not and continues to break 200 phycological support we could literally see a NASTY NASTY SELL OFF AND IT COULD GET REALLY REALLY BAD!!!!!!!!