What are the best times to trade cryptocurrencies in EST and WST time zones?

3 answers

• Dec 17, 2021 · 3 years ago
  The best times to trade cryptocurrencies in the EST time zone are generally during the overlap of the New York and London trading sessions, which is from 8:00 AM to 12:00 PM EST. During this time, there is increased trading volume and liquidity, which can lead to better opportunities for traders. Additionally, it's important to consider the release of major economic news and announcements, as they can significantly impact the cryptocurrency market. It's advisable to stay updated with the latest news and market trends to make informed trading decisions.
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• Dec 17, 2021 · 3 years ago
  In the WST time zone, the best times to trade cryptocurrencies are during the overlap of the Asian and European trading sessions, which is from 8:00 PM to 12:00 AM WST. This period sees increased trading activity and volatility, providing potential opportunities for traders. However, it's important to note that cryptocurrency markets are open 24/7, so there are trading opportunities available at all times. It's crucial to develop a trading strategy that aligns with your goals and risk tolerance, and to constantly monitor the market for potential opportunities.
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• Dec 17, 2021 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, the best times to trade cryptocurrencies in both the EST and WST time zones are during the peak trading hours when there is high liquidity and trading volume. These hours typically coincide with the overlap of major trading sessions, such as the New York and London sessions in the EST time zone, and the Asian and European sessions in the WST time zone. However, it's important to remember that market conditions can vary, and it's essential to conduct thorough research and analysis before making any trading decisions.
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