Range trading: Cryptocurrencies as of 05/10/2021
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%) 47416
Long position 2
(the price today will not fall below this mark with a probability of 95%) 46136
Long position 3
(the price today will not fall below this mark with a probability of 99%) 44856
Short position 1
(the price today will not rise above this mark with a probability of 68%) 51470
Short position 2
(the price today will not rise above this mark with a probability of 95%) 52750
Short position 3
(the price today will not rise above this mark with a probability of 99%) 54029
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 3193.92
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3082.63
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2971.34
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3590.17
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3701.46
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3812.75
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.9834
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.9444
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9054
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1123
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1513
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.1903
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%) 47416
Long position 2
(the price today will not fall below this mark with a probability of 95%) 46136
Long position 3
(the price today will not fall below this mark with a probability of 99%) 44856
Short position 1
(the price today will not rise above this mark with a probability of 68%) 51470
Short position 2
(the price today will not rise above this mark with a probability of 95%) 52750
Short position 3
(the price today will not rise above this mark with a probability of 99%) 54029
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 3193.92
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3082.63
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2971.34
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3590.17
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3701.46
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3812.75
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.9834
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.9444
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9054
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1123
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1513
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.1903
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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