$ETH
DETAILED MULTI-TIME FRAME ANALYSIS $ETH (27102024)
1M Frame: Decrease-RSI 50.34, below the average line.
1W Frame: Decrease-RSI 44.24, below the average line.
1D Frame: Decrease-RSI 45.30, expanding horizontally and showing signs of a downward trend.
4H Frame: Increase-RSI 41.89, trending up and creating higher lows towards the upper average line.
3H Frame: Increase-RSI 44.66, trending upwards and creating higher lows from the lower average line edge.
2H Frame: Increase-RSI 47.16, trending up, buying pressure is participating but not strong yet.
1H Frame: Increase-RSI 51.52, trending up, buying pressure is present, but has not broken through the previous downtrend line.
45m Frame: Increase-RSI 51.36, trending up, buying pressure is participating, but has not broken through the previous downtrend line.
30m Frame: Decrease-RSI 51.91-Trending down towards the lower average line.
15m Frame: Decrease-RSI 55.09-Trending down towards the lower average line.
Conclusion: Wait for the 15m and 30m frames to agree and increase strongly, and if the 1H frame shows increasing pressure breaking the downtrend line, then ETH can shift to a strong upward trend.
@Bitcoinboy with crypto love!
