Range trading: Cryptocurrencies as for 21/02/2022

21. Feb. 2022

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%) 37505
Long position 2
(The price today will not fall below this mark with a probability 95%) 36491
Long position 3
(The price today will not fall below this mark with a probability 99%) 35477

Short position 1
(The price today will not rise above this mark with a probability of 68%) 40101
Short position 2
(The price today will not rise above this mark with a probability of 95%) 41115
Short position 3
(The price today will not rise above this mark with a probability of 99%) 42129


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2551
Long position 2
(The price today will not fall below this mark with a probability 95%) 2487
Long position 3
(The price today will not fall below this mark with a probability 99%) 2423

Short position 1
(The price today will not rise above this mark with a probability of 68%) 2795
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2859
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2923

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7417
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7076
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6735

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8315
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8655
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8996


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