$SHELL | The 4-hour chart is the only unique point about volume
Comparing the 5-period average volume with the past 10 periods across the usual timeframes shows a certain consistency in direction. This time, that’s not the case.
On the 1-hour timeframe, recent volume is about 24.26% lower than the 10-period baseline. On the daily timeframe, it’s about 2.53% lower. On the weekly timeframe, it’s about 22.52% lower. But on the 4-hour timeframe, recent volume is instead about 60.90% higher than the baseline—this is the only one of the four timeframes that shows expansion rather than contraction. A deviation like this on a single timeframe is worth pointing out precisely because it breaks the consistency pattern present in the other three timeframes.
#SHELL #BTC #ETH
Comparing the 5-period average volume with the past 10 periods across the usual timeframes shows a certain consistency in direction. This time, that’s not the case.
On the 1-hour timeframe, recent volume is about 24.26% lower than the 10-period baseline. On the daily timeframe, it’s about 2.53% lower. On the weekly timeframe, it’s about 22.52% lower. But on the 4-hour timeframe, recent volume is instead about 60.90% higher than the baseline—this is the only one of the four timeframes that shows expansion rather than contraction. A deviation like this on a single timeframe is worth pointing out precisely because it breaks the consistency pattern present in the other three timeframes.
#SHELL #BTC #ETH