Range trading: Cryptocurrencies as of 23/09/2021

23 sept. 2021

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%) 41753
Long position 2
(the price today will not fall below this mark with a probability of 95%) 39786
Long position 3
(the price today will not fall below this mark with a probability of 99%) 37818

Short position 1
(the price today will not rise above this mark with a probability of 68%) 45671
Short position 2
(the price today will not rise above this mark with a probability of 95%) 47639
Short position 3
(the price today will not rise above this mark with a probability of 99%) 49606


ETHUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 2871.59
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2687.00
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2502.42

Short position 1
(the price today will not rise above this mark with a probability of 68%) 3300.65
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3485.24
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3669.82

XRPUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.9223
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.8276
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.7330

Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.0711
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1658
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2605


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.