BTC/BCH/ETH/LTC: Price data for day trading 2018-6-9 17:56

Warning: As the price database is currently being built, the values presented in this post are calculated on a data set which spans less than one day. After the bot has run for at least one day, everything should be fine.

Bitcoin (BTC):

Current price: 6485.1089125727 EUR
One day moving average: 6494.193469620974 EUR
One day standard deviation (volatility): 12.653009200915589 EUR (0.19510866157367324%)

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Bitcoin Cash (BCH):

Current price: 951.4500445841 EUR
One day moving average: 954.6769204186518 EUR
One day standard deviation (volatility): 3.931371624752582 EUR (0.4131979022052673%)

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Ethereum (ETH):

Current price: 514.229544393 EUR
One day moving average: 513.3093796418387 EUR
One day standard deviation (volatility): 1.2094445217318324 EUR (0.23519545598249686%)

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Litecoin (LTC):

Current price: 101.7825145429 EUR
One day moving average: 101.9422007461601 EUR
One day standard deviation (volatility): 0.2704654927405169 EUR (0.2657288375662199%)

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Knowing the one day standard deviation of a currency may give a decent estimate of this day's lower and upper price bounds. For instance, if one wishes to buy at a local minimum, placing a buy order one standard deviation below the moving average has proven to be a decent entry point. Once the order fills, a sell order can be placed one or two standard deviations above the buy price, depending on your risk tolerance or how quickly you want to sell.

Disclaimer: It is not possible to predict the future. I do not take responsibility for your losses, regardless of whether they are caused by bad advice or wrongful statistics. These statistics are automatically generated as daytrading tools for myself, but I'm glad if others find them useful.

Price data is pulled from the CoinMarketCap API.