Lithium_SG

Bitcoin (BTC) has a range of [ 6526~8815] for the next 19 days

Long
BITFINEX:BTCUSD   Bitcoin
Based on the current level of volatility (65.2%), there is a 68% probability that bitcoin will end up somewhere between 6526 and 8815 by August 10, 2018; this calculation is based on the assumption of a normal distribution for BTC prices and a volatility level of 65.25%, which I get from Bitmex's dataset (imperfect assumptions I know). All my TA based strategies are in "Long" mode and if you managed to get long before the sizeable move last week, it is now just a matter of watching and moving your stops upwards in a gradual fashion.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.