$SHELL - Price is trading near the lower Bollinger Band on the 15m chart
Binance Spot Bollinger Bands (20,2) at 20:05 Vietnam time:
15m: UP 0.0228 / MB 0.0226 / DN 0.0225 Current price: 0.0225
On the 15m timeframe, the current price is exactly at the lower Bollinger Band of 0.0225.
The middle band is at 0.0226, while the upper band is at 0.0228.
On the 4H timeframe, the bands read:
UP: 0.0229 MB: 0.0225 DN: 0.0221
At 0.0225, the current price is around the middle Bollinger Band on the 4H timeframe.
This shows that the position of price relative to the Bollinger Bands is different across timeframes.
Being near or at a Bollinger Band does not by itself confirm a reversal or a specific direction.
#SHELL #BTC #BNB
Binance Spot Bollinger Bands (20,2) at 20:05 Vietnam time:
15m: UP 0.0228 / MB 0.0226 / DN 0.0225 Current price: 0.0225
On the 15m timeframe, the current price is exactly at the lower Bollinger Band of 0.0225.
The middle band is at 0.0226, while the upper band is at 0.0228.
On the 4H timeframe, the bands read:
UP: 0.0229 MB: 0.0225 DN: 0.0221
At 0.0225, the current price is around the middle Bollinger Band on the 4H timeframe.
This shows that the position of price relative to the Bollinger Bands is different across timeframes.
Being near or at a Bollinger Band does not by itself confirm a reversal or a specific direction.
#SHELL #BTC #BNB