$SHELL | RSI Across All Four Timeframes, Side by Side
Putting SHELL's RSI(6) readings next to each other: 1-hour at 36.58, 4-hour at 41.94, daily at 65.96, and weekly at 66.13.
There's a clear step up as the timeframe lengthens, from the mid-30s to low-40s on the shorter charts up to the mid-60s on the daily and weekly charts. That gap simply reflects that the most recent hourly candles have shown weaker momentum than the broader daily and weekly picture, since each timeframe's RSI is built from a completely separate set of candles.
#SHELL #BTC #ETH
Putting SHELL's RSI(6) readings next to each other: 1-hour at 36.58, 4-hour at 41.94, daily at 65.96, and weekly at 66.13.
There's a clear step up as the timeframe lengthens, from the mid-30s to low-40s on the shorter charts up to the mid-60s on the daily and weekly charts. That gap simply reflects that the most recent hourly candles have shown weaker momentum than the broader daily and weekly picture, since each timeframe's RSI is built from a completely separate set of candles.
#SHELL #BTC #ETH