Range trading: Cryptocurrencies as of 13/05/2021
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%) 47053
Long position 2
(the price today will not fall below this mark with a probability of 95%) 45207
Long position 3
(the price today will not fall below this mark with a probability of 99%) 43361
Short position 1
(the price today will not rise above this mark with a probability of 68%) 49884
Short position 2
(the price today will not rise above this mark with a probability of 95%) 51730
Short position 3
(the price today will not rise above this mark with a probability of 99%) 53576
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 3698.05
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3531.52
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3366.99
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3890.46
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4054.99
Short position 3
(the price today will not rise above this mark with a probability of 99%) 4219.52
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1471
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0615
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.9758
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.4130
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.4986
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.5842
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%) 47053
Long position 2
(the price today will not fall below this mark with a probability of 95%) 45207
Long position 3
(the price today will not fall below this mark with a probability of 99%) 43361
Short position 1
(the price today will not rise above this mark with a probability of 68%) 49884
Short position 2
(the price today will not rise above this mark with a probability of 95%) 51730
Short position 3
(the price today will not rise above this mark with a probability of 99%) 53576
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 3698.05
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3531.52
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3366.99
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3890.46
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4054.99
Short position 3
(the price today will not rise above this mark with a probability of 99%) 4219.52
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1471
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0615
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.9758
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.4130
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.4986
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.5842
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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