Re: [ANN] [USDe] Unitary Status Dollar eCoin $$ IMPROVED Halving

Quote from: kolikko on April 27, 2014, 07:51:10 AM

Quote from: S3052 on April 25, 2014, 04:05:05 PM

USDe is still in a uptrend. There are two options for the next few days:

1) Probability 60/40. Triangle breakout to the upside with target zone of 280-320 satoshis
2) Probability 40/60. A-B-C correction down to support in the 100-120 zone.

So according to this analysis it was impossible that the price is somehow at the same level after few days... with zero probability?

Not sure you understand fully technical analysis.
The 2nd forecast option materialized almost exactly as predicted:

USDe fell through the trendline and hit our target zone 100-120, which was supposed to hold the decline as strong support. The low was 103.

Hence, as a trader, you could have placed a stop around 155-158 and bought back in in the 100-120 zone.

By the way, in technical analysis, the most important thing is to identify possible trading paths of 2-3 lead options. You will never be 100% right on lead route and probabilities, but you can trade all lead alternatives if you have a predefined trading path, like the one mentioned above.