Range trading: Cryptocurrencies as of 30/07/2021
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 38336
Long position 2
(the price today will not fall below this mark with a probability of 95%) 37279
Long position 3
(the price today will not fall below this mark with a probability of 99%) 36221
Short position 1
(the price today will not rise above this mark with a probability of 68%) 41673
Short position 2
(the price today will not rise above this mark with a probability of 95%) 42731
Short position 3
(the price today will not rise above this mark with a probability of 99%) 43788
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 2310.82
Long position 2
(the price today will not fall below this mark with a probability of 95%) 257.32
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2203.82
Short position 1
(the price today will not rise above this mark with a probability of 68%) 2506.02
Short position 2
(the price today will not rise above this mark with a probability of 95%) 2559.52
Short position 3
(the price today will not rise above this mark with a probability of 99%) 2613.02
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.7107
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.6876
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.6645
Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.7854
Short position 2
(the price today will not rise above this mark with a probability of 95%) 0.8085
Short position 3
(the price today will not rise above this mark with a probability of 99%) 0.8316
Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren’t 100% guarantee of risk-free trading.
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 38336
Long position 2
(the price today will not fall below this mark with a probability of 95%) 37279
Long position 3
(the price today will not fall below this mark with a probability of 99%) 36221
Short position 1
(the price today will not rise above this mark with a probability of 68%) 41673
Short position 2
(the price today will not rise above this mark with a probability of 95%) 42731
Short position 3
(the price today will not rise above this mark with a probability of 99%) 43788
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 2310.82
Long position 2
(the price today will not fall below this mark with a probability of 95%) 257.32
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2203.82
Short position 1
(the price today will not rise above this mark with a probability of 68%) 2506.02
Short position 2
(the price today will not rise above this mark with a probability of 95%) 2559.52
Short position 3
(the price today will not rise above this mark with a probability of 99%) 2613.02
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.7107
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.6876
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.6645
Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.7854
Short position 2
(the price today will not rise above this mark with a probability of 95%) 0.8085
Short position 3
(the price today will not rise above this mark with a probability of 99%) 0.8316
Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren’t 100% guarantee of risk-free trading.
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