$SHELL | Price vs Bollinger bands, daily timeframe
According to the Bollinger setup (20, 2) on the daily timeframe, SHELL currently has the upper band at 0.02954, the middle band at 0.02335, and the lower band at 0.01715.
The most recent price of 0.027990 is about 5.25% below the upper band, about 19.87% above the middle band, and about 63.21% above the lower band.
The large distance from the lower band reflects how far the price has moved since the daily timeframe’s lookback window began, not an assessment of the next direction.
#SHELL #BTC #BNB
According to the Bollinger setup (20, 2) on the daily timeframe, SHELL currently has the upper band at 0.02954, the middle band at 0.02335, and the lower band at 0.01715.
The most recent price of 0.027990 is about 5.25% below the upper band, about 19.87% above the middle band, and about 63.21% above the lower band.
The large distance from the lower band reflects how far the price has moved since the daily timeframe’s lookback window began, not an assessment of the next direction.
#SHELL #BTC #BNB