856瀏覽
Currently, the price has been within channel seven for 27 days. This is well above the average of 21.82 days. However, this is only within the confidence interval of 42.5%. This will climb very quickly to 90% if the price stays within this channel for another 9 days. The probability of a move into channel 8 is as follows:
9/18/17(Today): 42.5%
9/19/17: 50
9/20/17: 56.5%
9/21/17: 62%
9/21/17: 67.5%
9/22/17: 72%
9/23/17: 76%
9/24/17: 79.5%
9/25/17: 82.5%
9/26/17: 85%
9/27/17: 87%
9/28/17: 89%
9/18/17(Today): 42.5%
9/19/17: 50
9/20/17: 56.5%
9/21/17: 62%
9/21/17: 67.5%
9/22/17: 72%
9/23/17: 76%
9/24/17: 79.5%
9/25/17: 82.5%
9/26/17: 85%
9/27/17: 87%
9/28/17: 89%
評論:
79.5% confidence of a move into the next channel.
評論:
82.5%
評論:
Today, XRP broke up to channel 8 at the 85% CI.
https://www.kenzing.com
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
https://www.kenzing.com
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
https://www.kenzing.com
Hello GrantPeace, can you explain what the percentile means? What does 90% Confidence Interval and: 7.66 - 35.97 mean? I am really new to this.
回覆
@wilson1stop, Confidence Interval (CI) is a method in statistics developed by Jerzy Neyman that is determined by what amount of samples within a population lie within a specific range. This allows us to determine the probability of a future event.
回覆
@unitednoobies, It means we can be 90% sure it will move into the next zone during that day (9/29/17). Today we are 62% sure it will move into the next zone - not very confident.
90% is very confident.
90% is very confident.
回覆
@GrantPeace, Ah it makes perfect sense now. Thank you. I am a long term holder of xrp, however, I am waiting to see how XRP will perform before, during, and after the SWELL conference meeting.
回覆