Are Daily BTC Chart Patterns Still Relevant in a World of High Frequency Trading

[Имярек]

With HFT algos and institutional bots dominating the order flow, I'm wondering if sticking to daily timeframes is basically dead money at this point. It feels like classic support and resistance levels just get instantly wrecked by liquidity sweeps before any real trend kicks off. Anyone else finding that traditional TA is getting totally played by the high-frequency noise?

 

[Zaharov.info]

Honestly, I think patterns still hold some weight but you gotta be flexible and adapt to the environment. HFT's influence is undeniable, but I've noticed that when big players start making moves, chart patterns can be a decent indication of their intentions.

 

[taniazv]

I think daily chart patterns are still relevant as a sanity check, but you need to consider higher timeframes and order book data to get a more comprehensive view of the market. Many trading algos are too short-term focused to notice trends unfolding on a daily basis, so it's still worth looking at the bigger picture.

 

[kostya_nn]

HFT bots are programmed to hunt the same liquidity levels we see on the daily chart, so those patterns are definitely still valid. It’s basically a self-fulfilling prophecy at this point. Just ignore the lower timeframe noise.

 

[rabbit33]

HFTs are too busy scalping ticks to care about the daily structure, so those patterns are still valid for the big moves. Just remember the whales are always there to paint the tape

 

[Name_les5]

HFT just pumps the noise on lower timeframes, but the daily chart is where the real money moves happen. If you zoom out and stick to higher timeframe structures, the patterns still work perfectly fine.

 

[yevi]

HFT is just noise on the lower timeframes, but the daily chart is still where the big money makes its moves. If anything, algos just make the key levels more reliable because they’re programmed to gun for the obvious liquidity.

 

[xxProxy]

best practices - let's talk

 

[Vldimirus]

HFT algos might shake the trees on lower timeframes, but whales still

 

[Sikirda]

Anyone experienced with new trends?

 

[sawa44]

I'm not sure if charts can be ignored entirely, but they do need to be taken with a grain of salt in today's market. With HF trading dominating the scene, charts mainly serve as a way to gauge market sentiment rather than predict price movements. At the end of the day, technicals are still useful for identifying trend changes and support/resistance levels, but they need to be combined with other forms of analysis to get a more accurate read.

 

[KingErock5]

Discussion: latest news

 

[_bob72_]

What's your take on best practices?

 

[teka]

HFT just creates noise on lower timeframes, but the daily chart is where the big liquidity and whale moves actually happen. If you ignore the higher timeframes, you're just getting chopped up by algos scalping pennies. The daily structure still dictates the overall trend, so it's definitely still relevant.

 

[burlakovsg]

Thoughts on new trends?

 

[punce]

What's your take on opportunities?