Range trading: Cryptocurrencies as of 29/03/2021

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%) 52628
Long position 2
(the price today will not fall below this mark with a probability of 95%) 51337
Long position 3
(the price today will not fall below this mark with a probability of 99%) 50047

Short position 1
(the price today will not rise above this mark with a probability of 68%) 58239
Short position 2
(the price today will not rise above this mark with a probability of 95%) 59530
Short position 3
(the price today will not rise above this mark with a probability of 99%) 60821

ETHUSD

Long position 1
(the price today will not fall below this mark with a probability of 68%) 1598.98
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1554.00
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1509.02

Short position 1
(the price today will not rise above this mark with a probability of 68%) 1777.59
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1822.57
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1867.55

XRPUSD

Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.5143
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.4856
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.4569

Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.5937
Short position 2
(the price today will not rise above this mark with a probability of 95%) 0.6224
Short position 3
(the price today will not rise above this mark with a probability of 99%) 0.6512

Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren’t 100% guarantee of risk-free trading.