$SHELL | Bollinger bands on the weekly timeframe
After pulling far away from the weekly frame, SHELL’s Bollinger bands range from 0.01549 at the bottom to 0.03258 at the top, a difference of about 110.33% relative to the lower band. This is the widest level among the four timeframes checked here.
This width reflects how much the SHELL price has moved through the weeks included in the calculation, not a forecast of upcoming volatility. The current price of 0.02714 is about 75.21% above the lower band and about 16.70% below the upper band.
Placing four timeframes side by side (1H: 4.72%, 4H: 8.04%, daily: 72.95%, weekly: 110.33%) clearly shows the band width increasing as the chart’s lookback window expands.
#SHELL #BTC #BNB
After pulling far away from the weekly frame, SHELL’s Bollinger bands range from 0.01549 at the bottom to 0.03258 at the top, a difference of about 110.33% relative to the lower band. This is the widest level among the four timeframes checked here.
This width reflects how much the SHELL price has moved through the weeks included in the calculation, not a forecast of upcoming volatility. The current price of 0.02714 is about 75.21% above the lower band and about 16.70% below the upper band.
Placing four timeframes side by side (1H: 4.72%, 4H: 8.04%, daily: 72.95%, weekly: 110.33%) clearly shows the band width increasing as the chart’s lookback window expands.
#SHELL #BTC #BNB