Etherium possible Movement

Etherium moving in up trend by forming higher high and higher low , recently eth got rejected from previous support wick 12may 2021 price was 1775 and this eth getting rejection from 1784 and eth also having support zone around 1694 to 1719 , i think this time eth just gave the fakeout and getting drop towards febonacci reversal levels if price gave the closing above 1560 then it will be reversal scene .