37
What is 1hr?
1hr (also known as one-hour) is a term used by cryptocurrency traders and investors to refer to the time frame of one hour. It’s used as a measure of how quickly prices move or change over a certain period of time. This can be an important factor when trying to determine market momentum, assess risk levels, or make trading decisions. By comparing price movements over multiple 1hr periods, traders can get a better understanding of the overall trend in the market. For example, if prices are moving up within each one-hour window but remain flat across several hours, this could indicate that there isn’t much buying interest and could lead to further downside action in the future.
