$SHELL | Distance From the Upper Band, Timeframe by Timeframe
The mirror image of the previous point: how far price sits below its own upper band, describing room on the other side of the range without implying price is "due" to reach it.
On the 1H chart, price sits just 0.65% below the upper band, tight. On the 4H, about 5.34% below. On the daily, 19.12% below. On the weekly, 20.34% below. The shortest timeframe shows price very close to its own recent ceiling; the two longer timeframes show considerably more room below theirs.
#SHELL #BTC #ETH
The mirror image of the previous point: how far price sits below its own upper band, describing room on the other side of the range without implying price is "due" to reach it.
On the 1H chart, price sits just 0.65% below the upper band, tight. On the 4H, about 5.34% below. On the daily, 19.12% below. On the weekly, 20.34% below. The shortest timeframe shows price very close to its own recent ceiling; the two longer timeframes show considerably more room below theirs.
#SHELL #BTC #ETH