Bollinger Bands are an observation tool, not a price prediction
In the weekly chart image of SHELL on 4/11, the Bollinger Bands were recorded as:
- Upper band: 0.02600 USD
- Middle band: 0.02218 USD
- Lower band: 0.01835 USD
These bands describe how prices are dispersed around the moving average. They do not guarantee that the price will reach a specific level.
When using Bollinger Bands, combine them with actual price movements rather than treating each band as a price target.
#SHELL #BollingerBands #CryptoAnalysis
In the weekly chart image of SHELL on 4/11, the Bollinger Bands were recorded as:
- Upper band: 0.02600 USD
- Middle band: 0.02218 USD
- Lower band: 0.01835 USD
These bands describe how prices are dispersed around the moving average. They do not guarantee that the price will reach a specific level.
When using Bollinger Bands, combine them with actual price movements rather than treating each band as a price target.
#SHELL #BollingerBands #CryptoAnalysis