Range trading: Cryptocurrencies as of 03/11/2021

٣ نوفمبر ٢٠٢١

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%) 60594
Long position 2
(the price today will not fall below this mark with a probability of 95%) 59314
Long position 3
(the price today will not fall below this mark with a probability of 99%) 58035

Short position 1
(the price today will not rise above this mark with a probability of 68%) 65756
Short position 2
(the price today will not rise above this mark with a probability of 95%) 67035
Short position 3
(the price today will not rise above this mark with a probability of 99%) 68315


ETHUSD

Long position 1
(the price today will not fall below this mark with a probability of 68%) 4406.64
Long position 2
(the price today will not fall below this mark with a probability of 95%) 4325.92
Long position 3
(the price today will not fall below this mark with a probability of 99%) 4245.21

Short position 1
(the price today will not rise above this mark with a probability of 68%) 4776.38
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4857.10
Short position 3
(the price today will not rise above this mark with a probability of 99%) 4937.81

XRPUSD

Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1621
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.1265
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.0910

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1999
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.2354
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2710


Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren’t 100% guarantee of risk-free trading.