What is the best time to trade cryptocurrencies during the London session?

3 answers

• Sykes DohnApr 20, 2024 · 2 years ago
  The best time to trade cryptocurrencies during the London session is generally between 8:00 AM and 10:00 AM GMT. This is when the London market opens and there is usually increased trading volume and liquidity. It's important to note that different cryptocurrencies may have different optimal trading times, so it's recommended to research the specific cryptocurrency you're interested in trading. Additionally, keep an eye on any major news announcements or economic events that may impact the market during this time.
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• BingusSep 28, 2022 · 3 years ago
  If you're looking for the best time to trade cryptocurrencies during the London session, I would suggest focusing on the overlap between the London and New York sessions. This is when the market is most active and there tends to be higher volatility, which can present more trading opportunities. However, it's important to be cautious and manage your risk appropriately, as increased volatility can also lead to larger price swings.
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• Keating StarrNov 15, 2022 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies during the London session is when there is a higher level of market activity. This typically occurs during the morning hours, between 9:00 AM and 11:00 AM GMT. During this time, traders can take advantage of increased liquidity and potentially higher price movements. However, it's important to keep in mind that market conditions can vary, and it's always recommended to do your own research and analysis before making any trading decisions.
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