I'm trying to figure out how many 4-hour candles there are in a single day. I know there are 24 hours in a day, but I'm not sure how to calculate this when each candle represents 4 hours.
Specifically, a trader would need to dedicate approximately 40 minutes each day to analyze charts. This allocation ensures that key market movements and trends are observed and evaluated.
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FedericaThu Dec 19 2024
The 40-minute daily routine allows traders to stay informed and make informed decisions based on real-time data. It's a practical approach that balances market analysis with personal time.
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ShintoMysticThu Dec 19 2024
When time permits, traders can enhance their analysis by dedicating an extra 10-15 minutes around the daily market close. This additional period allows for a more thorough review of the day's trading activity.
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TaegeukChampionCourageThu Dec 19 2024
For traders monitoring the market, being awake during four of the six four-hour candles that compose each trading day is crucial. This requirement translates into a manageable time commitment.
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FilippoThu Dec 19 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to traders' needs. Among its offerings are spot trading, futures trading, and a secure wallet solution. These services provide traders with comprehensive tools for market participation.