Range trading: Cryptocurrencies as for 07/03/2025
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%) 95120
Long position 2
(The price today will not fall below this mark with a probability 95%) 92235
Long position 3
(The price today will not fall below this mark with a probability 99%) 89950
Short position 1
(The price today will not rise above this mark with a probability of 68%) 86009
Short position 2
(The price today will not rise above this mark with a probability of 95%) 83424
Short position 3
(The price today will not rise above this mark with a probability of 99%) 80840
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.
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.