The best session to trade depends on your trading style and the currency pair (crypto) you are interested in. Below is an evaluation of each session:
1. Asian Session (Tokyo) [07:00 - 15:00 VN] • Characteristics: Low volatility, moderate liquidity. • Suitable for: Those who prefer stable trading with fewer stop loss (SL) sweeps. • Not suitable for: Scalpers (quick trades), as prices move slowly. • Best for: Stablecoins, low volatility pairs (BNB, XRP, SOL…).
2. European Session (London) [14:00 - 23:00 VN] • Characteristics: High volatility, high liquidity. • Suitable for: Traders who enjoy large waves, swing traders. • Not suitable for: New traders who may get stopped out due to high price fluctuations. • Best for: BTC, ETH, large market cap coins.
3. American Session (New York) [20:00 - 04:00 VN] • Characteristics: Highest volatility, many news affecting the market. • Suitable for: Traders who prefer short-term trading, scalping, breakouts. • Not suitable for: Individuals with weak mental resilience, prone to FOMO. • Best for: Altcoins, coins with strong news, short-term trading.
In summary: The best sessions are the European and American sessions • If you prefer stable trading with low risk: Asian Session. • If you enjoy large waves and high liquidity: European + American Sessions. • If you prefer quick trades, high profits but high risk: American Session. $KAITO