$SHELL : Reading Market Data Without Mixing Timeframes
A useful market review starts with understanding what each timeframe actually measures.
In the November 4 snapshot, SHELL traded around $0.02267, with a reported 24-hour change of -1.69%. The daily RSI(6) was 42.80, while the weekly RSI(6) stood at 47.81.
These indicators describe different periods of price behavior. They should not be treated as interchangeable signals.
For anyone following SHELL, separating short-term movement from broader market structure is more useful than relying on a single indicator.
#SHELL #MyShell #CryptoAnalysis
A useful market review starts with understanding what each timeframe actually measures.
In the November 4 snapshot, SHELL traded around $0.02267, with a reported 24-hour change of -1.69%. The daily RSI(6) was 42.80, while the weekly RSI(6) stood at 47.81.
These indicators describe different periods of price behavior. They should not be treated as interchangeable signals.
For anyone following SHELL, separating short-term movement from broader market structure is more useful than relying on a single indicator.
#SHELL #MyShell #CryptoAnalysis