📉 How to Find the Range in Crypto Trading:
🔹 Formula:
Range = High price − Low price
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✅ Example:
Suppose you're looking at Bitcoin (BTC/USDT) on the 1-day chart:
High (daily): $31,200
Low (daily): $29,800
➡️ Range = $31,200 − $29,800 = $1,400
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📌 Why Is Range Important?
It shows market volatility.
Traders use it to identify range-bound vs breakout markets.
Helps set stop loss and take profit zones.
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🔧 Pro Tip:
In sideways/range-bound markets, price stays between a defined support and resistance:
Support = Bottom of range
Resistance = Top of range
You can buy near support and sell near resistance until a breakout happens.
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