Range Trading: Cryptocurrencies As Of 13/10/2021 For COINBASE:ETHUSD By Trade24Fx

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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%) 53757
Long position 2
(the price today will not fall below this mark with a probability of 95%) 52373
Long position 3
(the price today will not fall below this mark with a probability of 99%) 50990

Short position 1

(the price today will not rise above this mark with a probability of 68%) 58683
Short position 2

(the price today will not rise above this mark with a probability of 95%) 60066
Short position 3

(the price today will not rise above this mark with a probability of 99%) 61450

ETHUSD


Long position 1
(the price today will not fall below this mark with a probability of 68%) 3337.20
Long position 2
(the price today will not fall below this mark with a probability of 95%) 3245.42
Long position 3
(the price today will not fall below this mark with a probability of 99%) 3153.63

Short position 1

(the price today will not rise above this mark with a probability of 68%) 3676.32
Short position 2

(the price today will not rise above this mark with a probability of 95%) 3768.10
Short position 3

(the price today will not rise above this mark with a probability of 99%) 3859.89

XRPUSD


snapshot

Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.0502
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.0190
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.9876

Short position 1

(the price today will not rise above this mark with a probability of 68%) 1.1670
Short position 2

(the price today will not rise above this mark with a probability of 95%) 1.1983
Short position 3

(the price today will not rise above this mark with a probability of 99%) 1.2297

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.

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