> For the complete documentation index, see [llms.txt](https://cddstamp.gitbook.io/cddstamp/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cddstamp.gitbook.io/cddstamp/coin-days-destroyed-cdd/time-based-cdd-chart-interval-1h.md).

# Time Based CDD Chart (Interval : 1h)

This chart shows the Coin Days Destroyed (CDD) value and Bitcoin price in an hourly time frame. It is used to analyze short-term movements and investor behavior in the Bitcoin market.

<figure><img src="/files/1T0yI1BcLQfqJMhawNnV" alt=""><figcaption></figcaption></figure>

Chart Elements:

* Bitcoin Price
* Bollinger Bands (bbbandarea and bbbandline)
* CDD Value

Bollinger Bands (bbbandarea and bbbandline): The blue bands indicate the price volatility and potential support/resistance levels.

Purpose:

* **Short-Term Investment Strategies**: This chart helps investors optimize their buy and sell decisions by analyzing short-term price movements.
* **Understanding Market Volatility**: Bollinger Bands are used to determine the current market volatility and possible trend reversals.
* **Tracking Large Bitcoin Movements**: The CDD metric helps monitor the movements of long-dormant Bitcoins, providing insights into the behavior of large investors.

This chart helps you make more informed investment decisions by analyzing the short-term dynamics of the Bitcoin market and the movements of large investors.