$SHELL | Price is currently trading below its own 1-hour lower band
SHELL's 1-hour Bollinger lower band is at 0.02349. The live price of 0.02298 is about 2.17% below that level, meaning the price has moved outside the lower edge of its own short-term band.
This is a position worth checking precisely because it's less common than the price sitting comfortably inside the band. The band itself is calculated using the most recently completed candle, so this reflects the live price tick's position relative to that calculation.
#SHELL #Bollinger #CryptoCharts
SHELL's 1-hour Bollinger lower band is at 0.02349. The live price of 0.02298 is about 2.17% below that level, meaning the price has moved outside the lower edge of its own short-term band.
This is a position worth checking precisely because it's less common than the price sitting comfortably inside the band. The band itself is calculated using the most recently completed candle, so this reflects the live price tick's position relative to that calculation.
#SHELL #Bollinger #CryptoCharts