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What is the best time to trade cryptocurrencies in Eastern Time?

avatarBrix TeagueFeb 18, 2022 · 3 years ago3 answers

When is the most favorable time to trade cryptocurrencies in Eastern Time? I want to know the specific time period during which trading activities are more likely to yield better results.

What is the best time to trade cryptocurrencies in Eastern Time?
Cryptocurrencies
Trading
Eastern Time

3 answers

  • avatarFeb 18, 2022 · 3 years ago
    The best time to trade cryptocurrencies in Eastern Time is during the overlap of the European and US trading sessions, which is usually between 8:00 AM and 12:00 PM ET. During this time, there is higher trading volume and increased market activity, leading to better liquidity and more opportunities for profitable trades.
  • avatarFeb 18, 2022 · 3 years ago
    If you're looking for the best time to trade cryptocurrencies in Eastern Time, it's important to consider the specific cryptocurrency you're interested in. Some cryptocurrencies are more active and volatile during certain times of the day, while others may have more consistent trading patterns throughout the day. Doing research on the specific cryptocurrency you want to trade can help you identify the optimal trading time.
  • avatarFeb 18, 2022 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies in Eastern Time is during the early morning hours, between 4:00 AM and 6:00 AM ET. This is when the market is less crowded, and there is less competition, allowing traders to take advantage of potential price movements and make profitable trades.

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