What are the best times to trade cryptocurrencies in the EST time zone?
Saurabh Arun MishraDec 26, 2021 · 3 years ago3 answers
In the Eastern Standard Time (EST) time zone, what are the optimal times for trading cryptocurrencies?
3 answers
- Dec 26, 2021 · 3 years agoThe best times to trade cryptocurrencies in the EST time zone are typically during the overlap of the New York and London trading sessions. This is when the market is most active and liquidity is high, which can lead to better trading opportunities. It's important to note that cryptocurrency markets are open 24/7, but trading volume and volatility tend to be higher during certain times of the day. Additionally, keeping an eye on major news events and economic releases can also help identify potential trading opportunities.
- Dec 26, 2021 · 3 years agoIf you're looking for specific timeframes, the hours between 8:00 AM and 12:00 PM EST are generally considered to be the most active and volatile. During this time, there is often increased trading activity as traders in both the US and Europe are active. However, it's important to remember that cryptocurrency markets can be unpredictable, and it's always a good idea to do your own research and analysis before making any trading decisions.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the best times to trade cryptocurrencies in the EST time zone are typically during the early morning hours between 4:00 AM and 6:00 AM EST. During this time, there is less trading volume and volatility compared to the peak trading hours, which can make it easier to execute trades at desired prices. However, it's important to consider your own trading strategy and risk tolerance before making any decisions.
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