What are the best times to trade cryptocurrencies in the EST timezone?
Jonny LloydJan 13, 2022 · 3 years ago3 answers
In the Eastern Standard Time (EST) timezone, what are the optimal periods for trading cryptocurrencies?
3 answers
- Jan 13, 2022 · 3 years agoThe best times to trade cryptocurrencies in the EST timezone are typically during the overlap of the European and US trading sessions, which is from 8:00 AM to 12:00 PM EST. During this time, there is increased trading volume and volatility, providing more opportunities for profit. 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 a day trader, the most active trading hours for cryptocurrencies in the EST timezone are usually between 9:30 AM and 4:00 PM EST. This is when the US stock market is open, and there tends to be higher trading volume and liquidity. However, it's important to consider other factors such as news events and market sentiment when determining the best times to trade.
- Jan 13, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the optimal times to trade cryptocurrencies in the EST timezone are during the early morning and late evening hours. This is when the Asian markets are active, and there is often increased price movement and trading activity. However, it's important to note that individual trading strategies and preferences may vary, so it's always recommended to conduct thorough research and analysis before making any trading decisions.
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