Range trading: Cryptocurrencies as for 03/03/2021

3 mars 2021Under that heading 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 alrea dy known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.

BTCUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 45017
Long position 2
(The price today will not fall below this mark with a probability of 95%) 42794
Long position 3
(The price today will not fall below this mark with a probability of 99%) 40571

Short position 1
(The price today will not rise above this mark with a probability of 68%) 52140
Short position 2
(The price today will not rise above this mark with a probability of 95%) 54364
Short position 3
(The price today will not rise above this mark with a probability of 99%) 56587

ETHUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 1372.55
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1274.24
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1174.49

Short position 1
(The price today will not rise above this mark with a probability of 68%) 1642.22
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1741.98
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1841.73

XRPUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.3774
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.3327
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.2879

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.4927
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.5375
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.5822

Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.