Cryptocurrency Q&A
Is it better to trade the daily chart?
Is it better to trade the daily chart?
QuasarPulse
Tue Nov 26 2024
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7
answers
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I'm considering trading and wondering if it's more advantageous to focus on the daily chart for my trading decisions. I want to understand if analyzing the daily chart offers better insights or results compared to other trading charts.
7 answers
alexander_rose_writer
Thu Nov 28 2024
A 24-hour candlestick chart often displays higher trading volumes than a 4-hour one.
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ShintoBlessed
Thu Nov 28 2024
This difference in trading volume impacts the reliability of signals formed on charts.
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Lucia
Thu Nov 28 2024
Signals that emerge on a daily chart are generally more trustworthy than those on shorter time frames.
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emma_lewis_pilot
Thu Nov 28 2024
This is because daily charts encapsulate a broader range of market activity.
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EthereumElite
Thu Nov 28 2024
Trading volumes vary across different time frames.
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