Range trading: Cryptocurrencies as for 19/02/2022

19. 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%) 38427
Long position 2
(The price today will not fall below this mark with a probability 95%) 37382
Long position 3
(The price today will not fall below this mark with a probability 99%) 36337

Short position 1
(The price today will not rise above this mark with a probability of 68%) 41848
Short position 2
(The price today will not rise above this mark with a probability of 95%) 42893
Short position 3
(The price today will not rise above this mark with a probability of 99%) 43938


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2643
Long position 2
(The price today will not fall below this mark with a probability 95%) 2574
Long position 3
(The price today will not fall below this mark with a probability 99%) 2505

Short position 1
(The price today will not rise above this mark with a probability of 68%) 2957
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3026
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3095

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7406
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7043
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6680

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8422
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8785
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.9148


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