Range trading: Cryptocurrencies as of 11/06/2021

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%) 34042
Long position 2
(the price today will not fall below this mark with a probability of 95%) 32702
Long position 3
(the price today will not fall below this mark with a probability of 99%) 31362

Short position 1
(the price today will not rise above this mark with a probability of 68%) 39352
Short position 2
(the price today will not rise above this mark with a probability of 95%) 40692
Short position 3
(the price today will not rise above this mark with a probability of 99%) 42032


ETHUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 2201.14
Long position 2
(the price today will not fall below this mark with a probability of 95%) 2064.47
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1927.79

Short position 1
(the price today will not rise above this mark with a probability of 68%) 2701.20
Short position 2
(the price today will not rise above this mark with a probability of 95%) 2837.87
Short position 3
(the price today will not rise above this mark with a probability of 99%) 2974.55

XRPUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.7484
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.6829
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.6174

Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.9707
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.0362
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.1017


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.