Range trading: Cryptocurrencies as of 31/05/2021

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%) 31612
Long position 2
(the price today will not fall below this mark with a probability of 95%) 28815
Long position 3
(the price today will not fall below this mark with a probability of 99%) 26019

Short position 1
(the price today will not rise above this mark with a probability of 68%) 38662
Short position 2
(the price today will not rise above this mark with a probability of 95%) 41458
Short position 3
(the price today will not rise above this mark with a probability of 99%) 44255


ETHUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 1986.65
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1689.43
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1392.21

Short position 1
(the price today will not rise above this mark with a probability of 68%) 2704.04
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3001.26
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3298.48

XRPUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.7452
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.5901
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.4349

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.0826
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.2377
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.3929


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.