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%) 51035 Long position 2 (the price today will not fall below this mark with a probability of 95%) 49361 Long position 3 (the price today will not fall below this mark with a probability of 99%) 47687
Short position 1 (the price today will not rise above this mark with a probability of 68%) 56312 Short position 2 (the price today will not rise above this mark with a probability of 95%) 57986 Short position 3 (the price today will not rise above this mark with a probability of 99%) 59660
ETHUSD
Long position 1 (the price today will not fall below this mark with a probability of 68%) 2577.81 Long position 2 (the price today will not fall below this mark with a probability of 95%) 2487.70 Long position 3 (the price today will not fall below this mark with a probability of 99%) 2397.60
Short position 1 (the price today will not rise above this mark with a probability of 68%) 2919.19 Short position 2 (the price today will not rise above this mark with a probability of 95%) 3009.30 Short position 3 (the price today will not rise above this mark with a probability of 99%) 3099.40
XRPUSD
Long position 1 (the price today will not fall below this mark with a probability of 68%) 1.2235 Long position 2 (the price today will not fall below this mark with a probability of 95%) 1.1090 Long position 3 (the price today will not fall below this mark with a probability of 99%) 0.9944
Short position 1 (the price today will not rise above this mark with a probability of 68%) 1.5810 Short position 2 (the price today will not rise above this mark with a probability of 95%) 1.6955 Short position 3 (the price today will not rise above this mark with a probability of 99%) 1.8101
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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.