Range trading: Cryptocurrencies as of 01/11/2021
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%) 58682
Long position 2
(the price today will not fall below this mark with a probability of 95%) 57460
Long position 3
(the price today will not fall below this mark with a probability of 99%) 56238
Short position 1
(the price today will not rise above this mark with a probability of 68%) 62589
Short position 2
(the price today will not rise above this mark with a probability of 95%) 63810
Short position 3
(the price today will not rise above this mark with a probability of 99%) 65032
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 4089.28
Long position 2
(the price today will not fall below this mark with a probability of 95%) 4014.59
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3939.90
Short position 1
(the price today will not rise above this mark with a probability of 68%) 4389.77
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4464.46
Short position 3
(the price today will not rise above this mark with a probability of 99%) 4539.15
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.0620
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0272
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9923
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1403
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1751
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2100
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%) 58682
Long position 2
(the price today will not fall below this mark with a probability of 95%) 57460
Long position 3
(the price today will not fall below this mark with a probability of 99%) 56238
Short position 1
(the price today will not rise above this mark with a probability of 68%) 62589
Short position 2
(the price today will not rise above this mark with a probability of 95%) 63810
Short position 3
(the price today will not rise above this mark with a probability of 99%) 65032
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 4089.28
Long position 2
(the price today will not fall below this mark with a probability of 95%) 4014.59
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3939.90
Short position 1
(the price today will not rise above this mark with a probability of 68%) 4389.77
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4464.46
Short position 3
(the price today will not rise above this mark with a probability of 99%) 4539.15
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.0620
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0272
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9923
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1403
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1751
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2100
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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