Range trading: Cryptocurrencies as of 17/08/2021
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%) 44278
Long position 2
(the price today will not fall below this mark with a probability of 95%) 43401
Long position 3
(the price today will not fall below this mark with a probability of 99%) 42525
Short position 1
(the price today will not rise above this mark with a probability of 68%) 47620
Short position 2
(the price today will not rise above this mark with a probability of 95%) 48496
Short position 3
(the price today will not rise above this mark with a probability of 99%) 49372
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 3017.20
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2949.50
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2881.81
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3314.85
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3382.55
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3450.24
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1167
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0538
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9910
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.2334
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.2962
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.3591
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%) 44278
Long position 2
(the price today will not fall below this mark with a probability of 95%) 43401
Long position 3
(the price today will not fall below this mark with a probability of 99%) 42525
Short position 1
(the price today will not rise above this mark with a probability of 68%) 47620
Short position 2
(the price today will not rise above this mark with a probability of 95%) 48496
Short position 3
(the price today will not rise above this mark with a probability of 99%) 49372
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 3017.20
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2949.50
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2881.81
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3314.85
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3382.55
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3450.24
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1167
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0538
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9910
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.2334
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.2962
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.3591
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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