Range trading: Cryptocurrencies as of 22/10/2021

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%) 60185
Long position 2
(the price today will not fall below this mark with a probability of 95%) 58875
Long position 3
(the price today will not fall below this mark with a probability of 99%) 57565

Short position 1
(the price today will not rise above this mark with a probability of 68%) 65297
Short position 2
(the price today will not rise above this mark with a probability of 95%) 66607
Short position 3
(the price today will not rise above this mark with a probability of 99%) 67918


ETHUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 3947.82
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3877.67
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3807.53

Short position 1
(the price today will not rise above this mark with a probability of 68%) 4274.40
Short position 2
(the price today will not rise above this mark with a probability of 95%) 4344.55
Short position 3
(the price today will not rise above this mark with a probability of 99%) 4414.69

XRPUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.0428
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0125
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9822

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1549
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1853
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.2156


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.