The pretty same story as BTC. After H&S was formed the price went down and is currently is about to reach Fib 0.786 support level where can be a bounce back. Threats are the same as for BTC the price is at the edge of lower Bollinger line and red line of Ichi cloud is above the green line. However Stoch RSI and MACD are positive and in case of volume increase...
I am having a look at Ethereum vs Bitcoin today, it is important in these kind of market conditions to stay on track with trends vs BTC.
Even though we are still bearish on the longer term, as well as new short term bearish signals, I would just like to point out the possibility of a massive cup and handle.
Like I always state, no formation has a 100% success...