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

3 answers

• May 16, 2022 · 3 years ago
  The best time to trade cryptocurrencies during the Sydney session is typically between 9:00 AM and 5:00 PM local time. This is when the market is most active and liquidity is high. It's important to note that cryptocurrency markets are open 24/7, so you can trade at any time. However, trading during the Sydney session can offer advantages such as increased volatility and potential for higher profits.
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• May 16, 2022 · 3 years ago
  If you're looking for the best time to trade cryptocurrencies during the Sydney session, it's generally recommended to avoid trading during the early morning hours (before 9:00 AM) and late evening hours (after 5:00 PM). During these times, the market tends to be less active and liquidity may be lower. It's also worth considering the time zone differences between Sydney and other major cryptocurrency trading hubs, as this can impact market activity and trading volumes.
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• May 16, 2022 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies during the Sydney session is when there is overlap with other major trading sessions, such as the Asian and European sessions. This is when trading volumes are typically higher and price movements can be more significant. It's important to stay updated with market news and trends to identify potential trading opportunities during these times.
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