Range trading: Cryptocurrencies as of 24/09/2021
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%) 42547
Long position 2
(the price today will not fall below this mark with a probability of 95%) 40591
Long position 3
(the price today will not fall below this mark with a probability of 99%) 38635
Short position 1
(the price today will not rise above this mark with a probability of 68%) 46529
Short position 2
(the price today will not rise above this mark with a probability of 95%) 48485
Short position 3
(the price today will not rise above this mark with a probability of 99%) 50441
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 2907.62
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2723.71
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2539.81
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3311.85
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3495.76
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3679.66
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.9144
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.8188
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.7231
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.0670
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1626
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2583
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%) 42547
Long position 2
(the price today will not fall below this mark with a probability of 95%) 40591
Long position 3
(the price today will not fall below this mark with a probability of 99%) 38635
Short position 1
(the price today will not rise above this mark with a probability of 68%) 46529
Short position 2
(the price today will not rise above this mark with a probability of 95%) 48485
Short position 3
(the price today will not rise above this mark with a probability of 99%) 50441
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 2907.62
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2723.71
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2539.81
Short position 1
(the price today will not rise above this mark with a probability of 68%) 3311.85
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3495.76
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3679.66
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.9144
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.8188
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.7231
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.0670
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1626
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2583
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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