Range trading: Cryptocurrencies as of 31/03/2021

31 mar 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%) 55943
Long position 2
(the price today will not fall below this mark with a probability of 95%) 54618
Long position 3
(the price today will not fall below this mark with a probability of 99%) 53293

Short position 1
(the price today will not rise above this mark with a probability of 68%) 61570
Short position 2
(the price today will not rise above this mark with a probability of 95%) 62895
Short position 3
(the price today will not rise above this mark with a probability of 99%) 64220


ETHUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 1757.71
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1712.37
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1667.03

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1918.31
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1963.65
Short position 3
(the price today will not rise above this mark with a probability of 99%) 2008.99

XRPUSD



Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.5237
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.4955
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.4673

Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.5750
Short position 2
(the price today will not rise above this mark with a probability of 95%) 0.6032
Short position 3
(the price today will not rise above this mark with a probability of 99%) 0.6314


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.