Range trading: Cryptocurrencies as for 22/03/2021

22 mar 2021

Under that heading we publish signals of the indicator called “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 alrea dy known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.

BTCUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 54360
Long position 2
(The price today will not fall below this mark with a probability of 95%) 53223
Long position 3
(The price today will not fall below this mark with a probability of 99%) 52085

Short position 1
(The price today will not rise above this mark with a probability of 68%) 59778
Short position 2
(The price today will not rise above this mark with a probability of 95%) 60916
Short position 3
(The price today will not rise above this mark with a probability of 99%) 62053

ETHUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 1680.67
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1638.34
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1596.02

Short position 1
(The price today will not rise above this mark with a probability of 68%) 1867.55
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1909.88
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1952.20

XRPUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.4775
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.4564
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.4352

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.5433
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.5644
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.5856

Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.