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Which cryptocurrency pairs are recommended for trading during the New York session?

avatarSalman ShaikhDec 27, 2021 · 3 years ago3 answers

During the New York session, which cryptocurrency pairs are considered to be the best for trading? I would like to know which pairs have the highest liquidity and offer good trading opportunities during this session. Can you provide some insights on this?

Which cryptocurrency pairs are recommended for trading during the New York session?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The best cryptocurrency pairs for trading during the New York session are usually the major pairs such as BTC/USD, ETH/USD, and XRP/USD. These pairs have high liquidity and are actively traded during this session. It's important to note that the New York session overlaps with the European session, which adds to the trading volume and volatility. Traders often look for opportunities in these pairs due to the increased activity and potential price movements.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to trading cryptocurrencies during the New York session, it's recommended to focus on the pairs that involve the US dollar (USD). This is because the New York session is the most active time for the US market, and trading pairs with USD can provide better liquidity and trading opportunities. Some popular USD-based cryptocurrency pairs include BTC/USD, ETH/USD, and LTC/USD. However, it's always important to conduct thorough research and analysis before making any trading decisions.
  • avatarDec 27, 2021 · 3 years ago
    During the New York session, the recommended cryptocurrency pairs for trading can vary depending on market conditions and individual trading strategies. However, some commonly traded pairs during this session include BTC/USD, ETH/USD, and XRP/USD. These pairs are known for their high liquidity and are often favored by traders looking for opportunities in the cryptocurrency market. It's important to stay updated with market news and trends to make informed trading decisions during the New York session.