Range trading: Cryptocurrencies as of 15/11/2021

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%) 63595
Long position 2
(the price today will not fall below this mark with a probability of 95%) 62178
Long position 3
(the price today will not fall below this mark with a probability of 99%) 60761

Short position 1
(the price today will not rise above this mark with a probability of 68%) 68130
Short position 2
(the price today will not rise above this mark with a probability of 95%) 69547
Short position 3
(the price today will not rise above this mark with a probability of 99%) 70964


ETHUSD

Long position 1
(the price today will not fall below this mark with a probability of 68%) 4517.34
Long position 2
(the price today will not fall below this mark with a probability of 95%) 4426.68
Long position 3
(the price today will not fall below this mark with a probability of 99%) 4336.01

Short position 1
(the price today will not rise above this mark with a probability of 68%) 4834.82
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4925.48
Short position 3
(the price today will not rise above this mark with a probability of 99%) 5016.15

XRPUSD

Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1456
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0992
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.0527

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.2614
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.3078
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.3543


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.