Dear Mr. Bitcoincharts.com,
When I use different methods to predict market movements, I naturally look at charts with differently cut intervals, as it gives me a broader view of movement and reversal points. For daytrading the available 1-60 min intervals are very sufficient, but when it comes to weekly or bi-weekly outlooks, the hourly intervals present an instrument too tiny crafted to make significant statements. If you compare charts of the different intervals available for example:
From 1min- to 5min intervals the differential factor is 1:5
from 5min- to 15min intervals the differential factor is 1:3
from 15min- to 30min intervals the differential factor is 1:2
from 30min- to 60min intervals the differential factor is 1:2
from 60min- to 1day intervals the differential factor is 1:24!!
To improve the utility and value of bitcoincharts.com as a day-to-day trading tool, I'd like to see this augmentation being implemented in the coming updates.
[the above message was sent to email@example.com
on the 31st of January 2012, reply pending ;]