Cryptocurrency Q&A
How many 4-hour candles are in a day?
How many 4-hour candles are in a day?
Leonardo
Mon Dec 23 2024
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5 answers
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I'm trying to figure out how many 4-hour candles there are in a single day. I need this information for my trading charts, as I want to know how many data points I'll have if I use a 4-hour candlestick chart to represent one day.
5 answers
emma_anderson_scientist
Tue Dec 24 2024
A trader's daily analysis routine can be quite manageable if they allocate their time wisely.
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CryptoEmpire
Tue Dec 24 2024
This additional time can help the trader stay updated on any significant market movements or trends that may have emerged during the day.
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LightningStrike
Tue Dec 24 2024
Specifically, if the trader is awake during four of the six four-hour candles that make up each trading day, they can easily analyze charts.
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Giulia
Tue Dec 24 2024
This would translate to approximately 40 minutes of chart analysis per day, which is a reasonable time commitment for most traders.
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Dario
Tue Dec 24 2024
Moreover, if the trader has some extra time on their hands, they can utilize an additional 10-15 minutes at or around the daily close to perform a more thorough review.
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