Range trading: Cryptocurrencies as of 28/09/2021

28 Sep 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%) 40289
Long position 2
(the price today will not fall below this mark with a probability of 95%) 39155
Long position 3
(the price today will not fall below this mark with a probability of 99%) 38020

Short position 1
(the price today will not rise above this mark with a probability of 68%) 44472
Short position 2
(the price today will not rise above this mark with a probability of 95%) 45606
Short position 3
(the price today will not rise above this mark with a probability of 99%) 46741


ETHUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 2711.47
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2602.87
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2494.28

Short position 1
(the price today will not rise above this mark with a probability of 68%) 3155.69
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3264.29
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3372.88

XRPUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.8591
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.8107
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.7623

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.0005
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.0489
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.0973


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.