$SHELL | The Number That Made Me Pause Today
Buried in the monthly chart is an RSI(6) reading of 13.40. For comparison, every other timeframe checked today, 1H, 4H, daily, weekly, sits between 31 and 49. The monthly reading is nearly 18 points below the next-lowest.
I'm not going to tell you what that means for tomorrow, because I genuinely don't know. But it's the kind of outlier worth noticing rather than scrolling past.
#SHELL #CryptoCharts #TechnicalAnalysis
Buried in the monthly chart is an RSI(6) reading of 13.40. For comparison, every other timeframe checked today, 1H, 4H, daily, weekly, sits between 31 and 49. The monthly reading is nearly 18 points below the next-lowest.
I'm not going to tell you what that means for tomorrow, because I genuinely don't know. But it's the kind of outlier worth noticing rather than scrolling past.
#SHELL #CryptoCharts #TechnicalAnalysis