Look at pattern numbers 1,2,3. They are 4 hour candle close lines that caused the first ethereum dump a week ago.
Now look at 4,5,6. They are the same 4 hour candle close pattern except a level lower. It looks identical.
The visible range has a very high volume node exactly where ethereum is right now at 1980$. This indicates that a dump could actually happen from here.
Pattern 1,2,3 had hidden bearish divergence on the 4 hour macd and the RSI.
Pattern 4,5,6 has hidden bearish divergence on the 4 hour macd(macd has double hidden bearish divergence) and the RSI (RSI has double hidden bearish divergence).
I was bullish on ethereum a couple days ago and made some profit. I am now out of the market. I thought this was going to be a bullish cypher and it's not. It's going to dump down to probably 1700$.
Get out of the market! Run! It's a CARSH incoming!
Good luck.