Range trading: Cryptocurrencies as for 11/01/2022

١١ يناير 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%) 40278
Long position 2
(The price today will not fall below this mark with a probability 95%) 39404
Long position 3
(The price today will not fall below this mark with a probability 99%) 38530

Short position 1
(The price today will not rise above this mark with a probability of 68%) 43687
Short position 2
(The price today will not rise above this mark with a probability of 95%) 44561
Short position 3
(The price today will not rise above this mark with a probability of 99%) 45435


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2916.07
Long position 2
(The price today will not fall below this mark with a probability 95%) 2827.32
Long position 3
(The price today will not fall below this mark with a probability 99%) 2738.58

Short position 1
(The price today will not rise above this mark with a probability of 68%) 3265.81
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3354.56
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3443.30

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.6997
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6730
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6463

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7849
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8116
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8382


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