What is the best time to trade cryptocurrencies on Robinhood premarket?

3 answers

• Jan 07, 2022 · 3 years ago
  The best time to trade cryptocurrencies on Robinhood premarket is typically during the first hour after the market opens. This is when there is usually the highest trading volume and the most price volatility. However, it's important to note that cryptocurrency markets are highly unpredictable, and price movements can occur at any time. It's recommended to closely monitor the market and use technical analysis tools to identify potential trading opportunities.
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• Jan 07, 2022 · 3 years ago
  If you're looking for a more specific time frame, many traders find that the period between 9:30 AM and 10:30 AM Eastern Time (ET) is particularly active and offers good trading opportunities. During this time, there is often a surge in trading activity as investors react to news and market developments. However, keep in mind that this is just a general observation and individual cryptocurrencies may have their own unique trading patterns.
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• Jan 07, 2022 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, the best time to trade cryptocurrencies on Robinhood premarket is during the first 15 minutes after the market opens. This is when the market is most active and there is a higher chance of capturing price movements. However, it's important to do your own research and analysis to determine the best time to trade based on your specific trading strategy and goals.
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