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Trading Beginner Guide #01 Common Timeframes for Signal Analysis 1. Scalping (Short-Term Trades): • Use 1-minute, 5-minute, or 15-minute charts. • Suitable for quick trades lasting minutes to an hour. • Look for rapid price movements and small, quick profits. 2. Day Trading (Intraday): • Use 15-minute, 30-minute, or 1-hour charts. • Ideal for trades opened and closed within the same day. • Signals on the 1-hour chart are more reliable as they smooth out noise compared to shorter timeframes. 3. Swing Trading (Multi-Day to Weeks): • Use 4-hour, 1-day, or 1-week charts. • Focus on trends and larger moves. The 4-hour chart is particularly useful for spotting medium-term trends and entry points. 4. Long-Term Investing: • Use 1-day, 1-week, or 1-month charts. • Suitable for identifying long-term trends and resistance/support zones. Why the 1-Hour Chart? • The 1-hour chart is a sweet spot between short-term and medium-term signals. • It’s less noisy than shorter timeframes but still offers enough detail for intraday trades. • Use the 1-hour chart to confirm trends or breakout signals. How to Combine Timeframes (Multi-Timeframe Analysis): • Zoom Out: Start with a higher timeframe (e.g., 4-hour or daily) to identify the main trend (bullish or bearish). • Zoom In: Use a lower timeframe (e.g., 1-hour or 15-minute) to find precise entry and exit points. This approach ensures you’re trading in the direction of the dominant trend while fine-tuning your trades for better accuracy #guide #ChartReading #TrengingQuotes
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$XRP What happened? I thought it will reach at least 2$ today but it get soo close and then dumped.. There’s a dump in $BTC too if thats the case why this pullback happened then XRP will pump back up close to 2$ again But i feel like whales or whoever outthere doesn’t want it to reach it goals leaving small traders in dark .. Good thing I existed the market when it reached 0.9 . I hope people who had higher leverage’s survived.
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Is there another correction coming soon ? Voices in my head says yes 😂 . What you guys think? $XRP
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Dear $XRP experts. When should i buy next ? If anyone could give me an signal for spot or futures i’ll be appreciated ❤️
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Need help from experts. Should i hold this position or close it to avoid future losses. $XRP Edit: I held the position till it reached maximum value and i only lost like 0.33$ which is way better than loosing 1 or 2$ Thank you for everyone who told me to hold ..
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