1m, or 1 minute, signifies data gathered over a one-minute period represented as a single data point. In the realm of crypto trading, particularly in charting, the 1-minute time frame is frequently utilized with scalping strategies to analyze the price movements of a digital asset, displayed in 1-minute intervals over a designated time frame.

Each bar, candle, or column on the chart corresponds to price action for a specific 60 seconds. For instance, if we examine a single hour on a chart, which consists of 60 minutes, we would observe 60 bars or candles plotted—one for each minute, resulting in 60 bars or candles.

Due to the short time frame, price action tends to fluctuate rapidly, with a new bar or candle appearing on the chart every minute. Scalpers often execute numerous trades throughout the day, holding positions for mere seconds or minutes at times.

Trading within this time frame offers traders numerous potential opportunities, but the profits per trade are typically minimal due to the small price movements involved. Consequently, traders usually need to execute more trades to achieve significant profits. However, this increased trading activity can lead to higher transaction fees as more trades are conducted.

Inexperienced traders often struggle with this time frame, as decisions must be made swiftly. Beginners should consider starting with higher time frames, such as daily or weekly charts, which exhibit less volatility and noise in price movements, allowing for decision-making over hours or days rather than within minutes.