Can the head and shoulders of Ethereum be established?

Hey, welcome everyone to participate in this potential head and shoulders structure, as shown.
Ethereum went out of a small unilateral decline after falling below 222$, and finally stabilized for the third time above 200$. On top of this, the 1H cycle pattern gradually formed a small cycle of head and shoulders.
We can see that Bitcoin has confirmed the breakthrough in the neckline resistance and is temporarily in the state of withdrawing the neckline support. I expect this head and shoulder structure to be established. We can intervene in the multi-single strategy after the withdrawal of the currency price.
This can't be said to be a good strategy. After all, the cycle is small, but in such a volatile market, the strategy of having a 4:1 profit-loss ratio can also be said to be too ~~
I wish you all the best.

Comment:

Observe the K-line performance of the 4H cycle. If there is a signal to stabilize, it will increase the probability that we will make more profit. I have bought it and wish you good luck.