Range trading: Cryptocurrencies as for 23/01/2022
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%) 33352
Long position 2
(The price today will not fall below this mark with a probability 95%) 32206
Long position 3
(The price today will not fall below this mark with a probability 99%) 31059
Short position 1
(The price today will not rise above this mark with a probability of 68%) 37012
Short position 2
(The price today will not rise above this mark with a probability of 95%) 38159
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39305
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2236.76
Long position 2
(The price today will not fall below this mark with a probability 95%) 2121.91
Long position 3
(The price today will not fall below this mark with a probability 99%) 2007.06
Short position 1
(The price today will not rise above this mark with a probability of 68%) 2613.36
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2728.21
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2843.06
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.5607
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.5301
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.4996
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.6425
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.6730
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.7036
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%) 33352
Long position 2
(The price today will not fall below this mark with a probability 95%) 32206
Long position 3
(The price today will not fall below this mark with a probability 99%) 31059
Short position 1
(The price today will not rise above this mark with a probability of 68%) 37012
Short position 2
(The price today will not rise above this mark with a probability of 95%) 38159
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39305
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2236.76
Long position 2
(The price today will not fall below this mark with a probability 95%) 2121.91
Long position 3
(The price today will not fall below this mark with a probability 99%) 2007.06
Short position 1
(The price today will not rise above this mark with a probability of 68%) 2613.36
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2728.21
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2843.06
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.5607
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.5301
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.4996
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.6425
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.6730
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.7036
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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