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RE: Crypto Trading by Identifying Support and Resistance] - Steemit Crypto Academy | S6W3 | Homework Post for professor @shemul21

in SteemitCryptoAcademy2 years ago

Hello dear @mustafaasif,

Thank you for participating in week 3 of season 6 in the Steemit Crypto Academy.

Your grade on this assignment is as follows:

CriteriaGrade
Presentation and Originality1.5/2
Compliance with topic1/1.5
Consistency of method1.5/2
Quality of analysis1.2/2
#club50501/1
Clarity of language and structure1.2/1.5
Total7.4/10

Feedback and Suggestions:

  • For the first question, you have described your understanding of the Support & Resistance zone.

  • In the second question, you have explained different types of Support & resistance.

  • For the third question, you have tried to identify False & Successful Breakouts.

  • For the fourth question, you have tried to identify the Entry Point using Volume and RSI Indicator Combined with Breakouts.

  • In the fifth question, you have executed a real trade but you should get more confirmations before entering.

  • For the sixth question, you have explained the limitations of Support & Resistance.

  • Thank you for following the club event ( #club5050, #club75 ) and I recommend you to continue powering up. Overall answers are good. You should add proper sources below all the screenshots. You should also improve your demonstrations by practicing more. There are some simple mistakes, I hope you will correct any mistake that you have made in this lesson and participate in the coming lessons.

Professor- @shemul21.png

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