What are the best times to trade cryptocurrency during the London trading session?
Holmes SherrillJan 13, 2022 · 3 years ago3 answers
During the London trading session, when are the optimal times to trade cryptocurrency?
3 answers
- Jan 13, 2022 · 3 years agoThe best times to trade cryptocurrency during the London trading session are typically when there is high liquidity and volatility in the market. This usually occurs during the overlap of the London and New York trading sessions, which is from 8:00 AM to 12:00 PM EST. During this time, there is increased trading activity and a higher chance of finding profitable trading opportunities. It's important to note that market conditions can vary, so it's always recommended to monitor the market and use technical analysis to make informed trading decisions.
- Jan 13, 2022 · 3 years agoIf you're looking for the best times to trade cryptocurrency during the London trading session, it's generally advised to avoid trading during the early morning hours (before 8:00 AM EST) and late afternoon hours (after 4:00 PM EST) as market activity tends to be lower during these times. The most active and volatile trading periods are usually between 8:00 AM and 12:00 PM EST when both the London and New York markets are open. During this time, you're more likely to see larger price movements and increased trading volume, which can present more trading opportunities.
- Jan 13, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the best times to trade cryptocurrency during the London trading session are typically during the morning hours, specifically between 9:00 AM and 11:00 AM GMT. This is when the market is most active and there is a higher chance of finding profitable trades. However, it's important to note that market conditions can change, and it's always recommended to do your own research and analysis before making any trading decisions.
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