What are the best trading hours for silver in the cryptocurrency market?
HemanthDec 18, 2021 · 3 years ago3 answers
When is the best time to trade silver in the cryptocurrency market? I want to know the optimal trading hours for silver to maximize my profits. Can you provide some insights on the most active and liquid trading hours for silver in the cryptocurrency market?
3 answers
- Dec 18, 2021 · 3 years agoThe best trading hours for silver in the cryptocurrency market are typically during the overlap of the Asian and European trading sessions. This is when there is higher trading volume and increased liquidity, which can lead to better price movements and opportunities for profit. It's important to note that the cryptocurrency market operates 24/7, so there is always some level of trading activity for silver. However, the most active hours tend to be during the Asian and European sessions.
- Dec 18, 2021 · 3 years agoIf you're looking to trade silver in the cryptocurrency market, it's important to consider the time zone differences and market hours of different regions. The Asian session, which includes markets like Japan and Singapore, typically starts around 12:00 AM UTC and lasts until 8:00 AM UTC. The European session, which includes markets like London and Frankfurt, starts around 7:00 AM UTC and lasts until 3:00 PM UTC. During the overlap of these sessions, from 7:00 AM UTC to 8:00 AM UTC, there tends to be higher trading activity for silver in the cryptocurrency market.
- Dec 18, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the best trading hours for silver in the cryptocurrency market are typically during the Asian session. This is when there is a higher concentration of traders and increased liquidity, which can result in more favorable trading conditions. However, it's important to keep in mind that market conditions can vary, and it's always a good idea to monitor the market and adjust your trading strategy accordingly.
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