Range trading: Cryptocurrencies as for 18/02/2022
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%) 39002
Long position 2
(The price today will not fall below this mark with a probability 95%) 37958
Long position 3
(The price today will not fall below this mark with a probability 99%) 36915
Short position 1
(The price today will not rise above this mark with a probability of 68%) 42302
Short position 2
(The price today will not rise above this mark with a probability of 95%) 43345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 44389
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2734
Long position 2
(The price today will not fall below this mark with a probability 95%) 2661
Long position 3
(The price today will not fall below this mark with a probability 99%) 2589
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3054
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3126
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3198
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7304
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6940
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6576
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8247
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8611
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8975
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
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%) 39002
Long position 2
(The price today will not fall below this mark with a probability 95%) 37958
Long position 3
(The price today will not fall below this mark with a probability 99%) 36915
Short position 1
(The price today will not rise above this mark with a probability of 68%) 42302
Short position 2
(The price today will not rise above this mark with a probability of 95%) 43345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 44389
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2734
Long position 2
(The price today will not fall below this mark with a probability 95%) 2661
Long position 3
(The price today will not fall below this mark with a probability 99%) 2589
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3054
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3126
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3198
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7304
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6940
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6576
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8247
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8611
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8975
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
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