Range trading: Cryptocurrencies as of 18/05/2021

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%) 41525
Long position 2
(the price today will not fall below this mark with a probability of 95%) 39673
Long position 3
(the price today will not fall below this mark with a probability of 99%) 378822

Short position 1
(the price today will not rise above this mark with a probability of 68%) 47315
Short position 2
(the price today will not rise above this mark with a probability of 95%) 49167
Short position 3
(the price today will not rise above this mark with a probability of 99%) 51019


ETHUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 3133.45
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2965.29
Long position 3
(the price today will not fall below this mark with a probability of 99%) 2797.13

Short position 1
(the price today will not rise above this mark with a probability of 68%) 3637.91
Short position 2
(the price today will not rise above this mark with a probability of 95%) 3806.07
Short position 3
(the price today will not rise above this mark with a probability of 99%) 3974.23

XRPUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.3423
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.2579
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.1734

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.6781
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.7626
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.8471


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.