Range trading: Cryptocurrencies as for 27/02/2022

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%) 37141
Long position 2
(The price today will not fall below this mark with a probability 95%) 36071
Long position 3
(The price today will not fall below this mark with a probability 99%) 35002

Short position 1
(The price today will not rise above this mark with a probability of 68%) 40362
Short position 2
(The price today will not rise above this mark with a probability of 95%) 41431
Short position 3
(The price today will not rise above this mark with a probability of 99%) 42500


ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 2586
Long position 2
(The price today will not fall below this mark with a probability 95%) 2507
Long position 3
(The price today will not fall below this mark with a probability 99%) 2428

Short position 1
(The price today will not rise above this mark with a probability of 68%) 2884
Short position 2
(The price today will not rise above this mark with a probability of 95%) 2963
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3042

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.6879
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6639
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6399

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7894
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8134
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8374


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