Which tick chart intervals are most commonly used by professional cryptocurrency traders?

3 answers

• Ashia 20'sJul 15, 2024 · a year ago
  Professional cryptocurrency traders commonly use tick chart intervals of 1 minute, 5 minutes, and 15 minutes. These intervals provide traders with a detailed view of price movements and allow them to make quick decisions based on short-term trends. The 1-minute interval is often used for scalping and day trading, while the 5-minute and 15-minute intervals are popular for swing trading and analyzing longer-term trends.
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• Maryam HoneyDec 30, 2023 · 2 years ago
  When it comes to tick chart intervals, professional cryptocurrency traders have their preferences. Some traders prefer shorter intervals like 1 minute or even 30 seconds to capture quick price movements and take advantage of short-term opportunities. On the other hand, some traders opt for longer intervals like 1 hour or 4 hours to analyze broader market trends and make more informed trading decisions. Ultimately, the choice of tick chart intervals depends on the trader's trading style and strategy.
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• Shobhit KwatraApr 14, 2023 · 2 years ago
  Based on my experience at BYDFi, a popular cryptocurrency exchange, professional traders often use tick chart intervals of 1 minute, 5 minutes, and 15 minutes. These intervals provide a good balance between capturing short-term price movements and analyzing longer-term trends. However, it's important to note that the choice of tick chart intervals can vary among traders, and some may prefer different intervals based on their individual trading strategies and preferences.
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