BTC/BCH/ETH/LTC: Price data for day trading 2018-7-13 14:58
Bitcoin (BTC):
Current price: 5397.58 EUROne day moving average: 5370.08 EUR
One day standard deviation (volatility): 5.51 EUR (0.10%)
One day max deviation: 32.37 EUR (0.60%)
Bitcoin Cash (BCH):
Current price: 604.67 EUROne day moving average: 600.44 EUR
One day standard deviation (volatility): 1.37 EUR (0.23%)
One day max deviation: 4.29 EUR (0.71%)
Ethereum (ETH):
Current price: 380.61 EUROne day moving average: 375.64 EUR
One day standard deviation (volatility): 1.18 EUR (0.31%)
One day max deviation: 4.97 EUR (1.30%)
Litecoin (LTC):
Current price: 66.81 EUROne day moving average: 66.38 EUR
One day standard deviation (volatility): 0.13 EUR (0.20%)
One day max deviation: 0.45 EUR (0.67%)
Knowing the one day standard deviation of a currency may give a decent estimate of the day's lower and upper price bounds. For instance, if one wishes to buy at a local minimum, placing a buy order one or two standard deviations 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 one's risk tolerance or how quickly one wants 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. Never invest more than you can afford to lose. Investing too much increases the chance of panic selling. 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.
Interesting. Thanks for sharing!
Talking about ICOs, after doing your own research, also finding good ICO projects can be profitable.
I want to share with you guys a new exciting project I have just discovered: RAWG.
Check out this great article from Entrepreneur, one of the most popular business-related magazines, which has spoken with RAWG founder, Gadji Makhtiev.
https://www.entrepreneur.com/article/316194
RAWG is a blockchain-based platform for gamers that was born last year in the heads of Gadji and RAWG CPO Alexey when they found out that their gaming website Kanobu attracted users for their gaming database.
The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database).
Have a look and get some information while doing your own research :)
Coins mentioned in post: