Best time to trade

Best time to trade

By SergPolly | Cryptocaster | 8 Apr 2021


Best time to trade:

As you all know, trading on the cryptocurrency market goes around the clock, 7 days a week.
Unlike traditional stock exchanges. And as you know, cryptocurrency trading never stops.
For some it will be a discovery, but the dynamics of the market sometimes depends on the
time of day!
According to the results of many analyzes, the greatest activity of traders is usually observed
in the afternoon. Starting from 12.00 to 21-22.00. A successful trader must be able to take
into account the specifics of time. You need to understand that when a trading day begins
in a certain region, you need to be careful. It is important to observe who enters the market
and with what volumes of liquidity. This can radically turn the situation around, as it is now
with bitcoin.
Experienced traders find it best to start trading in the middle of the trading day. At this time,
the trend is already clearer, and the market itself is calmer. And then the chances of success
increase!
It is also important to consider weekends and holidays. As the statistics show, the growth
of bitcoin most often occurs on Saturday and Sunday.
Based on this, an excellent time for trading will be from 11.00 to 17.00 and
after 23.00 New York time.
During the holidays, the dynamics of the growth of coins is also noticeable.
Especially during important holidays in Asian countries.

 


SergPolly
SergPolly

SMM specialist


Cryptocaster
Cryptocaster

I will try to tell you about my trading experience and interesting news from the world of cryptocurrencies.

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