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What is the best time to trade cryptocurrency in the EST timezone during London trading hours?

avatarChristoffersen HedeDec 17, 2021 · 3 years ago3 answers

During London trading hours, what is the optimal time for cryptocurrency trading in the Eastern Standard Time (EST) timezone?

What is the best time to trade cryptocurrency in the EST timezone during London trading hours?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The best time to trade cryptocurrency in the EST timezone during London trading hours is typically between 8:00 AM and 12:00 PM EST. This is when the London market is most active and liquidity is high. It's important to note that cryptocurrency markets are open 24/7, but trading volume tends to be higher during certain hours. During this time, you can expect increased price volatility and potentially more trading opportunities.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking to trade cryptocurrency in the EST timezone during London trading hours, it's generally recommended to avoid the early morning hours (before 8:00 AM EST) and the late afternoon hours (after 4:00 PM EST). These times tend to have lower trading volume and may result in less favorable trading conditions. Instead, focus on the mid-morning hours when both the London and New York markets are open and actively trading.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the best time to trade cryptocurrency in the EST timezone during London trading hours is between 9:00 AM and 11:00 AM EST. This is when the market is most active and offers the greatest potential for profit. However, it's important to conduct your own research and analysis to determine the optimal trading time based on your individual trading strategy and goals.