Is ETH on its way to a new ATH?

ETH not long ago made a new ATH right at the top of the rising channel before stating to head back down again. Price is now getting close to hitting a horizontal weakly resistance level, and also the support level in the rising channel. I think in around the next week or so price of ETH will go down to where the horizontal resistance level and the support of the channel both intersect before making a new ATH.

Possible support level: $4,150-$4,050

Possible ATH amount: $5,500-$5,600 or more