What is the optimal time to trade digital currencies in the EST time zone?

3 answers

• Karltzy SanjiAug 16, 2021 · 4 years ago
  The optimal time to trade digital currencies in the EST time zone is during the overlap between the European and American trading sessions. This is typically between 8:00 AM and 12:00 PM EST. During this time, there is increased liquidity and volatility in the market, which can present profitable trading opportunities. However, it's important to note that market conditions can vary, and it's always recommended to monitor the market and use technical analysis to make informed trading decisions.
  498

  249
• Sai Nagendra KonakallaSep 08, 2024 · a year ago
  If you're a day trader, the optimal time to trade digital currencies in the EST time zone is during the early morning hours, around 4:00 AM to 6:00 AM EST. This is when the Asian markets are active and can influence the price movements of digital currencies. Additionally, it's advisable to avoid trading during major news announcements or events that can cause significant market volatility.
  392

  131
• JAYASHRI MATHEWJul 29, 2024 · a year ago
  According to BYDFi, a leading digital currency exchange, the optimal time to trade digital currencies in the EST time zone is during the late afternoon to early evening, between 4:00 PM and 8:00 PM EST. During this time, there is increased trading activity as traders from both the European and American markets are active. This can result in higher liquidity and potentially more favorable trading conditions. However, it's important to conduct your own research and analysis to determine the best trading time for your specific trading strategy.
  547

  137