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RE: Steemit Crypto Academy Contest / S4W1 - Crypto Market Technical Analysis by @drqamu.
The importance of technical analysis to traders can't be overlooked, as it help traders to Know the current sentiment of market participants. I equally love trading with shorter timeframes as it tends to generate more profits. Thanks for sharing such a detailed and educative post, goodluck in this contest.
Actually the selection of time frames depend on trading type for example intraday traders have to trade with 5 min , 15 min and square off with profit /loss in a day
Similarly positional traders would go for weekly to monthly time frames .
Good to hear that you are making good profits .
Thanks for your valuable feedback .