Range trading: Cryptocurrencies as for 28/02/2022

28 thg 2, 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%) 36196
Long position 2
(The price today will not fall below this mark with a probability 95%) 35116
Long position 3
(The price today will not fall below this mark with a probability 99%) 34036

Short position 1
(The price today will not rise above this mark with a probability of 68%) 39651
Short position 2
(The price today will not rise above this mark with a probability of 95%) 40731
Short position 3
(The price today will not rise above this mark with a probability of 99%) 41810


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2472
Long position 2
(The price today will not fall below this mark with a probability 95%) 2390
Long position 3
(The price today will not fall below this mark with a probability 99%) 2308

Short position 1
(The price today will not rise above this mark with a probability of 68%) 2798
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2880
Short position 3
(The price today will not rise above this mark with a probability of 99%) 2962

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.6687
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6456
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6225

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7759
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.7990
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8221


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