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11.10 Daily Open Strategy 

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Expert Level

The Daily Open strategy is one that migrated from the stock market into the cryptocurrency market.
However, many traders in the cryptocurrency market are inexperienced and unaware of these methods.
This strategy requires patience and observation during the beginning of a daily open.
Things you will need to look out for are; Price action within the first hour, volume and strength.
But there is one important detail to note; the cryptocurrency market is a 24/7 market.
So the Daily Open occurs at 00:00 UTC time each day.
This tutorial elaborates on the above and also provides examples of three methods.
Whether you trade the Daily Open or not, there is still much to be gained from observing the opening session.