source avatarCrypto with Haris ₿

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The problem with many beginners is that they see a coin pumping on the 15M or 1H chart and immediately think it has pumped too much and they should short it. But when you open the same coin on 4H or 1D, sometimes you realize that this pump is nothing compared to how much the coin already dumped. On lower timeframe it can look like the top, but on higher timeframe the coin can still be near the bottom. My favourite time frames for scalping, holding, and long-term day trading are always 4H or 1D. I never short or long a coin based on 15 mins or 1 hour.

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