Trade24Fx

Range trading: Crypto currency market as for 05/18/2018

BITFINEX:BTCUSD   Bitcoin
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%) 7617
Long position 2
(The price today will not fall below this mark with a probability 95%) 7487
Long position 3
(The price today will not fall below this mark with a probability 99%) 7357

Short position 1
(The price today will not rise above this mark with a probability of 68%) 8371
Short position 2
(The price today will not rise above this mark with a probability of 95%) 8500
Short position 3
(The price today will not rise above this mark with a probability of 99%) 8630

ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 622.61
Long position 2
(The price today will not fall below this mark with a probability 95%) 601.47
Long position 3
(The price today will not fall below this mark with a probability 99%) 580.33

Short position 1
(The price today will not rise above this mark with a probability of 68%) 707.90
Short position 2
(The price today will not rise above this mark with a probability of 95%) 729.03
Short position 3
(The price today will not rise above this mark with a probability of 99%) 750.17

XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.5975
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.5790
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.5605

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7135
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.7320
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.7505

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.


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