Weekly (1W)

The Weekly or 1W represents data from the past 7 days plotted as a single data point.

In crypto trading, and charting specifically, the weekly time frame is commonly used by traders to review a digital asset’s price movements plotted in 1-week intervals, which provides a better perspective of the overall trend in the market.

Each bar, candle, or column represents price action from a single week.

The weekly chart provides the “big picture” of the market, lowering the amount of noise that a trader has to deal with.

Traders who utilize long-term time frame-based strategies with the weekly or monthly tend not to be glued to the monitor, watch price action development over minutes and days, and is normally described as a less stressful trading environment.

Related Terms

1 Minute (1m)

In crypto trading, the 1-minute time frame or chart is commonly used with scalping strategies to review a digital asset’s price movements plotted in 1-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 60 seconds

30 Minute (30m)

In crypto trading, and charting specifically, 30 Minutes is a common time frame used by traders to review a digital asset’s price movements plotted in 30-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 30 minutes

1 Hour (1hr)

In crypto trading, and charting specifically, 1 hour is a common time frame used by traders to review a digital asset’s price movements plotted in 60-minute intervals over some specific time period. Each bar, candle, or column would represent price action for a specific 1 hour.

Daily (D)

Represents data from the past 24 hours plotted as a single data point. In charting specifically, the Daily is a common time frame used by traders to review a digital asset’s price movements plotted in 24-hour intervals. Each bar, candle, or column represents price action from the last 24 hours.

30 Days (30d)

Cryptocurrency exchanges and charting platforms will use 30d to show you data from the last 30 days. Using charts or collecting data like historical price movements over a longer time frame offers deeper insight into an asset’s trend when compared to smaller sample sizes of data or shorter windows of time like daily or weekly.