Range trading: Cryptocurrencies as for 19/01/2021

Here 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 already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.

BTCUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 33852
Long position 2
(The price today will not fall below this mark with a probability 95%) 32003
Long position 3
(The price today will not fall below this mark with a probability 99%) 30153

Short position 1
(The price today will not rise above this mark with a probability of 68%) 39659
Short position 2
(The price today will not rise above this mark with a probability of 95%) 41508
Short position 3
(The price today will not rise above this mark with a probability of 99%) 43358


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 1210.54
Long position 2
(The price today will not fall below this mark with a probability 95%) 1132.99
Long position 3
(The price today will not fall below this mark with a probability 99%) 1054.44

Short position 1
(The price today will not rise above this mark with a probability of 68%) 1388.39
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1465.94
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1543.49

XRPUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2850
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2601
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2352

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3292
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3541
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3790


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