$SHELL | Compare volume trend by time scale
Calculate the percentage difference of MA5 relative to MA10 of the volume for adjacent intervals across all four timeframes: 1-hour timeframe +31.3%, 4-hour timeframe -10.0%, daily timeframe -39.6%, weekly timeframe -27.6%.
The shortest timeframe is the only one showing that recent volume has risen above its own baseline. All other timeframes examined here show the opposite result: recent volume is trading below the 10-period average, with the daily timeframe showing the strongest drop in activity compared to its recent history.
#SHELL #BTC #ETH
Calculate the percentage difference of MA5 relative to MA10 of the volume for adjacent intervals across all four timeframes: 1-hour timeframe +31.3%, 4-hour timeframe -10.0%, daily timeframe -39.6%, weekly timeframe -27.6%.
The shortest timeframe is the only one showing that recent volume has risen above its own baseline. All other timeframes examined here show the opposite result: recent volume is trading below the 10-period average, with the daily timeframe showing the strongest drop in activity compared to its recent history.
#SHELL #BTC #ETH