What is the best time to trade digital currencies during the Tokyo session?

3 answers

• May 06, 2022 · 3 years ago
  The best time to trade digital currencies during the Tokyo session is typically when the market is most active, which is usually between 12:00 AM and 6:00 AM UTC. During this time, there is higher liquidity and increased trading volume, which can lead to better price movements and opportunities for profit. It's important to note that market conditions can vary, so it's always a good idea to monitor the market and use technical analysis to make informed trading decisions.
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• May 06, 2022 · 3 years ago
  If you're looking for the best time to trade digital currencies during the Tokyo session, it's generally recommended to avoid trading during the early morning hours, as the market tends to be less active and more volatile. Instead, consider trading during the overlap with other major sessions, such as the London or New York sessions, when there is increased trading activity and liquidity. This can provide more stable price movements and better trading opportunities.
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• May 06, 2022 · 3 years ago
  According to BYDFi, a digital currency exchange, the optimal time to trade digital currencies during the Tokyo session is when there is a higher level of market participation and liquidity. This typically occurs during the early morning hours in Tokyo, between 2:00 AM and 4:00 AM UTC. During this time, traders from both Asia and Europe are active, leading to increased trading volume and potentially more favorable price movements. However, it's important to consider your own trading strategy and risk tolerance before making any trading decisions.
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