Fluctuate in another ascending channel

In the last 24 hours, Ethereum bounced back up by reacting positively to its previous low of $1,554 and forming a double-bottom pattern. The price departure from the previous ascending channel has caused Ethereum to fluctuate in another ascending channel but at a lower angle than the horizon. The ceiling of this channel is in the range of 1700 dollars. Because Ethereum has formed normal and hidden divergences on the chart, there is a high probability that the next upward move will be its last move. Therefore, strictly monitor the specified fib levels.