$SHELL | Bollinger Bands on the Weekly Chart
Zooming all the way out to the weekly chart, SHELL's Bollinger Bands stretch from 0.01549 at the bottom to 0.03258 at the top, a spread of roughly 110.33% relative to the lower band. This is the widest of the four timeframes checked here.
That width reflects how much SHELL's price has moved over the weeks captured in this calculation, not a prediction about future swings. The current price of 0.02714 sits about 75.21% above the lower band and about 16.70% below the upper one.
Comparing all four timeframes side by side (1H: 4.72%, 4H: 8.04%, daily: 72.95%, weekly: 110.33%) shows clearly how band width scales with how far back the chart looks.
#SHELL #BTC #BNB
Zooming all the way out to the weekly chart, SHELL's Bollinger Bands stretch from 0.01549 at the bottom to 0.03258 at the top, a spread of roughly 110.33% relative to the lower band. This is the widest of the four timeframes checked here.
That width reflects how much SHELL's price has moved over the weeks captured in this calculation, not a prediction about future swings. The current price of 0.02714 sits about 75.21% above the lower band and about 16.70% below the upper one.
Comparing all four timeframes side by side (1H: 4.72%, 4H: 8.04%, daily: 72.95%, weekly: 110.33%) shows clearly how band width scales with how far back the chart looks.
#SHELL #BTC #BNB