In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading
Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.
No matter what we are trading in the market, we need to understand the importance of multiple timeframe to add to our knowledge because if we know how to use multiple timeframe very well, we shall understand how to relate the smaller timeframe to the bigger timefrsme to get a particular results. The market is going to be bull in months coming and we need to make sure that we develop our skills in trading so that we can earn more from the market when the bull comes and the cryptocurrency market becomes more volatile.