Range trading: Cryptocurrencies as of 04/05/2021

4 Mei 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%) 54134
Long position 2
(the price today will not fall below this mark with a probability of 95%) 52486
Long position 3
(the price today will not fall below this mark with a probability of 99%) 50839

Short position 1
(the price today will not rise above this mark with a probability of 68%) 57771
Short position 2
(the price today will not rise above this mark with a probability of 95%) 59418
Short position 3
(the price today will not rise above this mark with a probability of 99%) 61065


ETHUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 3228.83
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3130.36
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3031.89

Short position 1
(the price today will not rise above this mark with a probability of 68%) 3392.09
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3490.56
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3589.03

XRPUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.3619
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.2646
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.1672

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.6014
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.6987
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.7960


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.