$1500 first then $800 next?

Possible scenario for ethereum

Rising wedge ->
Break all time high resistance ->
Support + resistance traders get giddy and loadup leveraged longs ->
Possibly even melt up out of wedge for wick to $1700-1800 range ->
Long liquidations ->
Piss off the roof spilling down to $800-$1000 range before setting higher low on higher timeframes, ready to break ATHs later with less nuclear weeky RSI levels