What are the peak trading hours for cryptocurrencies in India?
Duncan MorrisonDec 28, 2021 · 3 years ago3 answers
Can you please provide information on the peak trading hours for cryptocurrencies in India? I am interested in knowing when the market is most active and when I can expect higher trading volumes. Are there specific time periods during the day when the trading activity is higher? How can I take advantage of these peak hours to make better trading decisions?
3 answers
- Dec 28, 2021 · 3 years agoThe peak trading hours for cryptocurrencies in India usually occur during the late evening and early morning hours. This is because it coincides with the trading activity in other major cryptocurrency markets such as the United States and Europe. During these hours, there is a higher volume of trades and increased market volatility. Traders can take advantage of this by closely monitoring the market and making informed trading decisions based on the price movements and trends.
- Dec 28, 2021 · 3 years agoIn India, the peak trading hours for cryptocurrencies typically start around 9:00 PM and continue until 3:00 AM. This time period overlaps with the trading hours of other major cryptocurrency markets, which leads to increased liquidity and trading activity. It is important to note that market conditions can vary, and it is recommended to use technical analysis and indicators to identify potential trading opportunities during these peak hours.
- Dec 28, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the peak trading hours for cryptocurrencies in India are usually between 10:00 PM and 2:00 AM. During these hours, there is a higher demand for cryptocurrencies, resulting in increased trading volumes. Traders can take advantage of this by closely monitoring the market and executing trades at opportune moments. It is important to note that market conditions can change, and it is advisable to stay updated with the latest news and market trends to make informed trading decisions.
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