$SHELL - August is currently more than 33% above the monthly open
On the monthly timeframe, $SHELL has recovered significantly from its early August lows.
August snapshot, still incomplete:
Open: 0.0181
High: 0.0255
Low: 0.0176
Current: 0.0241
Price is currently about 33.15% above the monthly open
Volume: about 543.85M SHELL
Price has recovered much of the previous decline and is now approaching the monthly high at 0.0255.
However, the monthly candle is still open.
The current data therefore shows a strong monthly recovery, but the current price should not be treated as a confirmed monthly close or proof of a long-term trend change.
#SHELL #MonthlyAnalysis #Binance
On the monthly timeframe, $SHELL has recovered significantly from its early August lows.
August snapshot, still incomplete:
Open: 0.0181
High: 0.0255
Low: 0.0176
Current: 0.0241
Price is currently about 33.15% above the monthly open
Volume: about 543.85M SHELL
Price has recovered much of the previous decline and is now approaching the monthly high at 0.0255.
However, the monthly candle is still open.
The current data therefore shows a strong monthly recovery, but the current price should not be treated as a confirmed monthly close or proof of a long-term trend change.
#SHELL #MonthlyAnalysis #Binance