What are the best timeframes for short term crypto trading?

3 answers

• Mar 18, 2022 · 3 years ago
  The best timeframes for short term crypto trading are typically the lower ones, such as the 1-minute, 5-minute, and 15-minute charts. These shorter timeframes allow traders to capture quick price movements and take advantage of short-term trends. However, it's important to note that shorter timeframes can also be more volatile and require more active monitoring.
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• Mar 18, 2022 · 3 years ago
  In my experience, the 15-minute and 1-hour timeframes have been the most effective for short term crypto trading. These timeframes provide a good balance between capturing short-term price movements and filtering out noise. Traders can use technical indicators and chart patterns on these timeframes to identify potential entry and exit points for their trades.
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• Mar 18, 2022 · 3 years ago
  According to a study conducted by BYDFi, the best timeframes for short term crypto trading are the 5-minute and 1-hour charts. These timeframes have shown consistent profitability and provide traders with enough data to make informed decisions. Traders should focus on these timeframes and use technical analysis tools to identify trends and patterns.
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