Range trading: Cryptocurrencies as for 20/02/2022
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%) 38334
Long position 2
(The price today will not fall below this mark with a probability 95%) 37280
Long position 3
(The price today will not fall below this mark with a probability 99%) 36227
Short position 1
(The price today will not rise above this mark with a probability of 68%) 41357
Short position 2
(The price today will not rise above this mark with a probability of 95%) 42410
Short position 3
(The price today will not rise above this mark with a probability of 99%) 43464
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2579
Long position 2
(The price today will not fall below this mark with a probability 95%) 2511
Long position 3
(The price today will not fall below this mark with a probability 99%) 2444
Short position 1
(The price today will not rise above this mark with a probability of 68%) 2866
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2934
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3001
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7620
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7266
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6912
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8519
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8874
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.9228
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Авторские индикаторы
bit.ly/2oBvkHY
Больше информации на нашем ютьюб-канале
youtube.com/channel/UCYEOurJfasXWyYnrriGwsqQ
bit.ly/2oBvkHY
Больше информации на нашем ютьюб-канале
youtube.com/channel/UCYEOurJfasXWyYnrriGwsqQ
Related publications
Disclaimer
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.