Trading Bitcoin in 1 Minute charts

[teosanru]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

On Binance, a lot of them trade in 1 minute time zone. Most of these trades are done by bots as well as AMMs as well. In other exchanges except Binance the number of people who do this is very low. You'll feel too less trades are happening on other exchanges. Especially the trades of high volumes are too less, in those exchanges mostly the trades are low volumes to ensure the 5 min candles are formed nicely.

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[Mauser]

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

I don't think many people are using the 1 Minute time period when looking at prices. Maybe there are some very skilled intraday traders that can make it work, but for me this period is way too short. I am not a short term trader anymore and only look at daily prices these days. Anything shorter contains too much noice in my opinion and is not going to lead to clear trading signals. For my technical analysis I like to look at indicators based on 30, 60 and 90 days. It takes a longer period of prices to find trends that I want to trade on. Looking at 1 or 5 Minute data I would expect to find a new trend every hour. Now I am wondering how many trades someone would do every day following 1 minute charts.

[kingvirtus09]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

Honestly, I have never tried such a timeframe of only 1 minute in conducting trading here in cryptocurrency. Sometimes I also wonder if there is anyone making money at such an interval of trading activity here in this industry.
Maybe the only people who do this are really scalpers. But if I look at it, it seems like it's hard to make money here as a trader too even the scalpers thinking will be difficult to get profit within 1 minute only.

[death69]

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

I don't think many people are using the 1 Minute time period when looking at prices. Maybe there are some very skilled intraday traders that can make it work, but for me this period is way too short. I am not a short term trader anymore and only look at daily prices these days. Anything shorter contains too much noice in my opinion and is not going to lead to clear trading signals. For my technical analysis I like to look at indicators based on 30, 60 and 90 days. It takes a longer period of prices to find trends that I want to trade on. Looking at 1 or 5 Minute data I would expect to find a new trend every hour. Now I am wondering how many trades someone would do every day following 1 minute charts.

Bro, I gotta politely disagree on dissing 1-minute trading timeframes. I get the allure of long-term vibes and trend-chasing, but let's be real: the market's pulse is in those short-term zigs and zags.

By eagle-eyeing 1-minute charts, traders can spot fresh trends and cash in on fleeting chances that'd otherwise slip by. It's all about embracing the market's wild ride and chaos, my friend.

But hold up, don't overdose on technical analysis and ghost those big-picture economic and political game-changers. By checking out the whole shebang – market mood, global events, macro-trends – traders can up their winning game and dodge market whims.

So, 1-minute trading might not be everyone's jam, but for those with the chops to surf those short-term waves, the rewards could be legendary. Just keep your head in the game and remember that beneath every chart and trend line, real peeps and economic juggernauts are pulling the strings.

[cydrix]

Even for a long time, the market is unpredictable. In that little time, even predicting what will happen next is very difficult. The one-minute time restriction has already passed by the time you anticipate the following movement. At this point, trading in that one-minute time period is really just a game of chance if you really want to do it. You might succeed or fail depending on your luck. I picked up this weird trading technique. Analyze the 30-minute chart if you wish to trade on the 15-minute chart. Analyze the 1-hour chart if you wish to trade on 30. If you want to increase your trading success, use this fantastic approach.

In this manner, you can have additional time for analysis and return to the earlier time limit chart. The outcome will be more precise, and trading will be less stressful for you. That will make it more enjoyable.

[Franctoshi]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

Trading with 1 minutes Chart is the worst thing one can do as a trader, 1 minutes Chart is considered to be used for sniper entries and not using 1 minutes for the basis of your trading. Mate!, below are brief example of how you should technically analyze the market in order to get a clearer picture of what the market is about to do or possible market direction.

M, W, D.
Monthly, weekly and Daily are meant for identifying market direction.
Whereas,
H4, H1 and 30m are used for maping out your entry zone, while trading execution can be done using 15m,5m and 1m.

[NotHatinJustTrollin]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

If you are a day trader, then it is possible to choose to trade with a 1-minute time frame. However, this requires making quick decisions because the 1-minute time frame is very fast and very risky.

For me personally, I use a 4-hour trading time frame.

[South Park]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

Honestly, I have never tried such a timeframe of only 1 minute in conducting trading here in cryptocurrency. Sometimes I also wonder if there is anyone making money at such an interval of trading activity here in this industry.
Maybe the only people who do this are really scalpers. But if I look at it, it seems like it's hard to make money here as a trader too even the scalpers thinking will be difficult to get profit within 1 minute only.

However even if there is someone out there making money in this way, can you imagine the amount of effort and attention they need to keep on the market in order to not miss an entry point? Those people trading those one minute charts will have to watch the market for hours without even blinking in order to find the perfect time to enter the market, and they will have to do all of this just to obtain slightly more profits, in my opinion of that effort is simply not worth the time as they could trade the one day chart, be done in five minutes and then do something else during the rest of the day.

[Fivestar4everMVP]

As long as its crypto trading, what have mostly worked for me, and I've gotten used to is 4 hours trading chart, trading with 1 hour chart is rather very risky and could lead to various wrong decisions and losses, most especially, in times when liquidity and trading volume is low.
Trading with a 4 hour chart will help the trader make better decisions, most especially, on days when it seems the market has no clear direction, a 4 hour chart hour should help the trader know which direction the market is heading the more, whether it be down or up.

[rahulzx]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

As a beginner level trader bro you should be use large time zones to check your accuracy before trade real money, do continuous practice with paper trading except you focus on spot trading