#CryptoCharts101 📊 ⏰ 1. Choose the right timeframe (chart time)
Each chart has a purpose. Here are the most used in Day Trading:
✅ 5 minutes (M5)
Good visualization for entry and exit with short movements
📌 Used by scalpers and those trading rapid volatility
✅ 15 minutes (M15)
A balance between agility and clearer reading
📌 Very used to set up the day's scenario
✅ 1 hour (H1)
Helps to visualize the day's trend
📌 Serves as confirmation of strength or weakness of the movement
✅ 4 hours (H4)
Not for entry, but helps to understand the macro context
📌 Prevents trading against the dominant trend of the asset
📌 2. Times with more liquidity and opportunities:
⏱️ 9 AM to 12 PM (Brasilia)
Opening of the Brazilian Stock Exchange + European markets = more volatility
⏱️ 3 PM to 5 PM
Opening of the American Stock Exchange = strong volume and good breakouts
⏱️ 9 PM to 11 PM
Opening of the Asian market, useful for those trading cryptos