Range trading: Cryptocurrencies as for 30/01/2021

30. Jan. 2021

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

] https://www.tradingview.com/x/decLSdu9/

Long position 1
(The price today will not fall below this mark with a probability of 68%) 31380
Long position 2
(The price today will not fall below this mark with a probability 95%) 29712
Long position 3
(The price today will not fall below this mark with a probability 99%) 28043

Short position 1
(The price today will not rise above this mark with a probability of 68%) 36411
Short position 2
(The price today will not rise above this mark with a probability of 95%) 38079
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39748


ETHUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 1256.00
Long position 2
(The price today will not fall below this mark with a probability 95%) 1187.98
Long position 3
(The price today will not fall below this mark with a probability 99%) 1119.96

Short position 1
(The price today will not rise above this mark with a probability of 68%) 1479.97
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1547.99
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1616.01

XRPUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2732
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2587
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2443

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3117
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3261
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3406


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