Range trading: Cryptocurrencies as for 22/02/2022

22 Şub 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%) 35517
Long position 2
(The price today will not fall below this mark with a probability 95%) 34489
Long position 3
(The price today will not fall below this mark with a probability 99%) 33461

Short position 1
(The price today will not rise above this mark with a probability of 68%) 38314
Short position 2
(The price today will not rise above this mark with a probability of 95%) 39342
Short position 3
(The price today will not rise above this mark with a probability of 99%) 40370


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2433
Long position 2
(The price today will not fall below this mark with a probability 95%) 2369
Long position 3
(The price today will not fall below this mark with a probability 99%) 2304

Short position 1
(The price today will not rise above this mark with a probability of 68%) 2696
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2761
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2826

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.6488
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6149
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.5811

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7348
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.6149
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.9025


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