What are the best session times for trading cryptocurrencies in EST?
Anmol SharmaDec 26, 2021 · 3 years ago3 answers
I'm interested in trading cryptocurrencies in the Eastern Standard Time (EST) zone. Can you provide me with the best session times for trading cryptocurrencies in this timezone? I want to make sure I'm trading during the most active and volatile periods.
3 answers
- Dec 26, 2021 · 3 years agoThe best session times for trading cryptocurrencies in EST are typically during the overlap of the European and American trading sessions, which is between 8:00 AM and 12:00 PM EST. During this time, there is usually higher trading volume and increased price volatility, providing more opportunities for traders. However, it's important to note that cryptocurrency markets are open 24/7, so there can still be trading opportunities outside of these hours, especially during major news events or market-moving announcements.
- Dec 26, 2021 · 3 years agoIf you're looking for the most active session times for trading cryptocurrencies in EST, you should consider the hours between 9:30 AM and 4:00 PM EST. This is when the US stock market is open, and there tends to be increased trading activity and liquidity in the cryptocurrency markets as well. However, it's important to keep in mind that cryptocurrency markets are highly volatile and can experience significant price movements at any time, so it's always a good idea to stay updated on market news and trends.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the best session times for trading cryptocurrencies in EST are typically during the early morning hours between 4:00 AM and 8:00 AM EST. During this time, there is often increased market activity as traders in Asia and Europe are active. However, it's important to note that market conditions can vary, and it's always recommended to conduct thorough research and analysis before making any trading decisions.
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