SUMMARY
The Head & Shoulders pattern on Ethereum is quite uncanny but also it has morphed and added an ascending right triangle pattern as shown in the below chart. The volume, as it had confirmed the H&S also confirms the ascending right triangle as it is declining. When you get a twofer in bullish patterns, the twofer effect on the price could be a rise. The ascending triangle target is $1,421 which is not too far from $1,382 for the Head & Shoulders target. Let's see if price can breach the horizontal line. This breach is the required step for the pattern to be confirmed as it is nearly if not already complete.
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