Range trading: Cryptocurrencies as for 31/01/2021

٣١ يناير ٢٠٢١

Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.

What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.

BTCUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 31100
Long position 2
(The price today will not fall below this mark with a probability 95%) 29606
Long position 3
(The price today will not fall below this mark with a probability 99%) 28112

Short position 1
(The price today will not rise above this mark with a probability of 68%) 36956
Short position 2
(The price today will not rise above this mark with a probability of 95%) 38450
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39945


ETHUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 1240.15
Long position 2
(The price today will not fall below this mark with a probability 95%) 1181.06
Long position 3
(The price today will not fall below this mark with a probability 99%) 1121.98

Short position 1
(The price today will not rise above this mark with a probability of 68%) 1487.63
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1546.72
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1605.80

XRPUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.3941
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.3465
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2990

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.4424
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.4900
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.5376


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