Range trading: Cryptocurrencies as for 10/01/2022

10 Jan 2022

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%) 40164
Long position 2
(The price today will not fall below this mark with a probability 95%) 39263
Long position 3
(The price today will not fall below this mark with a probability 99%) 38363

Short position 1
(The price today will not rise above this mark with a probability of 68%) 43662
Short position 2
(The price today will not rise above this mark with a probability of 95%) 44562
Short position 3
(The price today will not rise above this mark with a probability of 99%) 45463


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2971.04
Long position 2
(The price today will not fall below this mark with a probability 95%) 2880.55
Long position 3
(The price today will not fall below this mark with a probability 99%) 2790.05

Short position 1
(The price today will not rise above this mark with a probability of 68%) 3337.35
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3427.84
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3518.34

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7078
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6807
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6535

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7984
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8256
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8527


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