What are the most common 4 hour candle close times in the cryptocurrency market?
7okkaDec 26, 2021 · 3 years ago3 answers
Can you provide insights into the most common 4 hour candle close times in the cryptocurrency market? I'm interested in understanding the patterns and trends in the closing times of 4 hour candlesticks for cryptocurrencies.
3 answers
- Dec 26, 2021 · 3 years agoThe most common 4 hour candle close times in the cryptocurrency market vary depending on the specific cryptocurrency and market conditions. However, based on historical data, it is observed that the most frequent closing times for 4 hour candlesticks are around 00:00 UTC, 04:00 UTC, 08:00 UTC, 12:00 UTC, 16:00 UTC, and 20:00 UTC. These times coincide with the opening and closing of major trading sessions around the world, which can influence trading activity and price movements in the cryptocurrency market.
- Dec 26, 2021 · 3 years agoIn my experience, the most common 4 hour candle close times in the cryptocurrency market tend to be around 00:00 UTC, 04:00 UTC, 08:00 UTC, 12:00 UTC, 16:00 UTC, and 20:00 UTC. These times align with the start and end of trading sessions in different regions, such as Asia, Europe, and the Americas. It's important to note that these times can vary depending on market volatility and specific cryptocurrency trading volumes.
- Dec 26, 2021 · 3 years agoBased on my analysis of the cryptocurrency market, the most common 4 hour candle close times are typically around 00:00 UTC, 04:00 UTC, 08:00 UTC, 12:00 UTC, 16:00 UTC, and 20:00 UTC. These times often coincide with significant market events, such as the release of economic data or major news announcements. It's worth noting that these patterns can vary for different cryptocurrencies and may be influenced by factors such as trading volume and market sentiment.
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