Range trading: Cryptocurrencies as for 12/02/2022

١٢ فبراير ٢٠٢٢

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%) 40476
Long position 2
(The price today will not fall below this mark with a probability 95%) 39337
Long position 3
(The price today will not fall below this mark with a probability 99%) 38199

Short position 1
(The price today will not rise above this mark with a probability of 68%) 44207
Short position 2
(The price today will not rise above this mark with a probability of 95%) 45346
Short position 3
(The price today will not rise above this mark with a probability of 99%) 46485


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2767.52
Long position 2
(The price today will not fall below this mark with a probability 95%) 2686.53
Long position 3
(The price today will not fall below this mark with a probability 99%) 2605.54

Short position 1
(The price today will not rise above this mark with a probability of 68%) 3105.13
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3186.12
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3267.11

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7212
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6852
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6491

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8133
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8493
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8854


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