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Technical analysis by SatoshiMultiframe about Symbol ETH: Buy recommendation (8/29/2025)

https://sahmeto.com/message/3740822
SatoshiMultiframe
SatoshiMultiframe
Rank: 1142
2.5
Buy،Technical،SatoshiMultiframe

💀 Hey , how's it going ? Come over here — Satoshi got something for you ! ⏰ We’re analyzing ETH on the 1-hour timeframe timeframe . 🔭 On the 1H timeframe for Ethereum, we can observe that ETH broke its midline to the downside and moved toward the bottom of the box. With the slightly higher-than-expected U.S. inflation news, Ethereum bounced again from the bottom of its box, and now we need to see whether it can consolidate above the midline or not. ⛏ The key RSI levels are at 50 and 30, and once the oscillation surpasses these thresholds, Ethereum can begin its main move. 💰 The volume and number of red candles increased after the midline break, accompanied by selling pressure. The volume and size of Ethereum’s reversal candles can show us the strength of the rebound and the strength of the box bottom, since the bottom has not been lost yet. 📊 On the 1H ETHBTC chart, we can observe that if the bottom of the 1H box at 0.03972 is lost, more Ethereum will be sold and converted into Bitcoin. This index reflects the relative value between ETH and BTC. Breaking this marked level could serve as a confirmation for a short trade on Ethereum. 💡 The Ethereum alert zones remain the same as before, with the difference that for an early trigger we can consider a break and consolidation above the midline, which is relatively risky. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$4,405.95
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