Crypto never closes, yet every chart you look at is cut into candles that open and close at exact moments. Those moments are set in UTC, the world’s reference clock, not in your time zone. The countdown above converts them for you. The rest of this page explains the rules, the exchange quirks, and one surprise from our data about what actually happens at the close.
Candle close times by timeframe
Every candle opens the moment the previous one closes, so a close time is also an open time. All of these are in UTC:
| Candle | Closes at (UTC) | Worth knowing |
|---|---|---|
| 5 min | :00, :05, :10 … | Same minute everywhere |
| 15 min | :00, :15, :30, :45 | Same minute everywhere |
| 1 hour | On the hour | Half past in India, quarter to in Nepal |
| 4 hour | 00:00, 04:00, 08:00, 12:00, 16:00, 20:00 | Six closes a day |
| Daily | 00:00 | Evening in the Americas, morning in Asia |
| Weekly | Monday 00:00 | Sunday evening in the Americas. Kraken differs |
| Monthly | 00:00 on the 1st | Evening of the month’s last day in the Americas |
Short candles are the easy part. A 5-minute candle closes at the same minute everywhere on Earth, because time zones shift by whole hours (with a few half- and quarter-hour exceptions). Things get confusing from the 4-hour candle up, where the close lands at a different hour, and sometimes on a different day, depending on where you live.
Why candles run on UTC
A stock market has an opening bell and a closing bell, and its daily candle simply follows the session. Crypto trades every second of every day, so there’s no natural place to cut the day. Exchanges needed an arbitrary line, and they all drew it at midnight UTC: the one clock that belongs to no single market.
The upside is that everyone, everywhere, is looking at the same candle. The downside is that the close happens at a convenient time almost nowhere. In New York it lands around dinner. In London it’s midnight in winter and 1 AM in summer. In Singapore and Hong Kong it’s 8 AM, right as the working day starts. For a city-by-city table, see when the daily candle closes where you live.
Binance, Coinbase and Kraken: one exception
The daily close is the same on all three exchanges Coinlyzer covers. Above and below the daily candle, they mostly agree, with one notable exception. We checked each exchange’s public market data on November 13, 2026:
- Binance lines everything up on midnight UTC: 4-hour, daily, weekly (starting Monday) and monthly (starting on the 1st). This is the convention most charting tools follow.
- Coinbase follows the same grid in its Advanced Trade market data: 4-hour candles from midnight UTC, the daily close at 00:00 UTC, and weeks that start on Monday.
- Kraken matches Binance on 4-hour and daily candles, but its weekly candle opens on Thursday at 00:00 UTC. Kraken’s weeks line up with January 1, 1970, the starting point of computer time, which was a Thursday. It also offers a 15-day candle.
The Kraken quirk matters more than it sounds. A Kraken weekly candle and a Binance weekly candle for the same coin cover different seven-day stretches, so their “weekly close” prices differ. If you compare weekly levels across exchanges, make sure the weeks match.
The quiet hour before the close
You might picture a rush into the daily close, with traders scrambling to push the candle one way or the other. Our data says the opposite. We looked at how each day’s trading volume spreads across the 24 hours of the UTC day, for 131 Binance pairs over about four months.
Share of daily volume by hour (UTC)
- 3.3%
- 3.3%
- of the day’s volume trades from 23:00 to midnight UTC, the quietest hour, about 22% below an even share.
- 6.1%
- 6.1%
- trades from 15:00 to 16:00 UTC, the busiest hour, as the US trading day gets going.
- +29%
- +29%
- more volume in the first hour of the new daily candle than in the last hour of the old one.
Three things stand out. First, most of the action happens hours before the close: from 14:00 to 16:00 UTC, during the US morning, the market trades nearly twice as much as in the last two hours before midnight UTC. By the time the daily candle closes, its shape is usually already set. Second, the final hour is the calmest of the day for price, too: it has the smallest average move of any hour in our sample. Third, volume picks up right after the new candle opens, as the Asian business day begins.
So when you wait for the daily close to “confirm” a move, the confirmation was mostly decided earlier. Waiting still has value, because a candle can’t change after it closes, but don’t expect the last hour to bring drama.
When your close time moves
UTC never changes its clocks. Yours might. In the US, Europe and Australia, the local time of every candle close jumps by an hour twice a year, and those regions switch on different dates. The US moves on the second Sunday of March and the first Sunday of November; Europe on the last Sundays of March and October; Australia in the opposite seasons. For a few weeks each spring and autumn, the gap between New York and London is four hours instead of five.
If you set a phone alarm for your local daily close, it will be an hour off twice a year. The countdown above flags your next clock change, and its calendar reminder is written in UTC, so your calendar keeps it on the right moment automatically.
Trading around the close
Knowing when candles close is only useful if it changes what you do. A few habits that make it count:
- Decide what “closed above” means before the close. A price that pokes above a level mid-candle is a different thing from a candle that closes above it. Write down which one you’re waiting for, and on which timeframe.
- Remember that indicators are built from closes. RSI, moving averages and MACD keep changing until the candle closes. A reading you see halfway through a 4-hour candle is a draft.
- Use the 4-hour closes as a schedule. Six fixed check-ins a day is a calmer rhythm than staring at a chart, and it works in any time zone. Pick the two or three that fall in your waking hours.
- Mind the weekly close if you’re in the Americas. It lands on Sunday evening, when many traders have stopped looking. The candle that sets the tone for the week closes while you’re making dinner.
Candle closes in Coinlyzer
Coinlyzer builds its candles the same way on all three exchanges: on UTC, with weeks starting on Monday. So a weekly column means the same seven days whether the pair trades on Binance, Coinbase or Kraken.
Every candle column comes in two versions: the current candle, which updates as price moves, and the last closed candle, which changes only at the close. A screen built from last-closed columns is steady between closes and refreshes all at once when a new candle closes, which makes it a natural fit for the countdown above. Two to try:
Strong 4h close on heavy volume
Pairs whose last closed 4-hour candle finished up more than 3% on at least twice its usual volume. The list only changes at 4h closes, so check it right after one.
All exchanges · 24h volume at least $1M · 4 hour candle change (last closed) above 3% AND 4 hour volume vs 20-candle average (last closed) above 100%
Three green daily closes in a row
Pairs that closed green on each of the last three daily candles. It updates once a day, at 00:00 UTC.
All exchanges · 24h volume at least $1M · 1 day green/red streak (last closed) at least 3
Add an alert to either screen and you’ll get a Telegram or phone notification when a new pair starts matching, so the close comes to you instead of the other way round.
Questions traders ask
What time does the daily crypto candle close?
At 00:00 UTC every day on Binance, Coinbase and Kraken. In winter that is 7:00 PM in New York, 4:00 PM in Los Angeles, midnight in London and 8:00 AM in Singapore. During US daylight saving time it is 8:00 PM in New York and 5:00 PM in Los Angeles.
What time does the 4-hour candle close?
At 00:00, 04:00, 08:00, 12:00, 16:00 and 20:00 UTC. In New York in winter (UTC−5) that is 7 PM, 11 PM, 3 AM, 7 AM, 11 AM and 3 PM.
When does the weekly crypto candle close?
On Binance, Coinbase and most charting tools, at 00:00 UTC on Monday, which is Sunday evening in the Americas. Kraken’s own weekly candle runs Thursday to Thursday instead.
When does the monthly candle close?
At 00:00 UTC on the first day of the next month. In the Americas that falls on the evening of the last day of the month.
Why did my candle close time change by an hour?
Your clocks changed for daylight saving time. Candles stay on UTC, which never changes, so the local time of every close moves by an hour twice a year in places like the US, Europe and Australia.
Can I make the daily candle close at my local midnight?
On most charts, changing the time zone only relabels the time axis; the daily candle still starts at 00:00 UTC. A few platforms let you build candles on another time zone, but 00:00 UTC is the default almost everywhere, and it is the close most traders watch.
Coinlyzer shows market data only. Nothing in this article is investment advice or a recommendation to buy or sell anything. Past price data doesn’t predict future prices. Figures are from Binance’s public market data and were checked when the article was updated.