Range trading: Cryptocurrencies as for 25/01/2021

Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.

What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.

BTCUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 30464
Long position 2
(The price today will not fall below this mark with a probability 95%) 28725
Long position 3
(The price today will not fall below this mark with a probability 99%) 26987

Short position 1
(The price today will not rise above this mark with a probability of 68%) 35537
Short position 2
(The price today will not rise above this mark with a probability of 95%) 37275
Short position 3
(The price today will not rise above this mark with a probability of 99%) 39014

ETHUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 1320.89
Long position 2
(The price today will not fall below this mark with a probability 95%) 1252.95
Long position 3
(The price today will not fall below this mark with a probability 99%) 1185.02

Short position 1
(The price today will not rise above this mark with a probability of 68%) 1540.56
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1608.50
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1676.43

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2463
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2198
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.1933

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3089
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3354
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3619

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