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RE: Crypto Academy / Season 3 / Week 4 - Homework Post for @cryptokraze | Trading The Dynamic Support & Resistance
Dear @hadassah26
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 8.5/10 Grade Points according to the following Scale;
| Criteria | Grade Points |
|---|---|
| Presentation Style | 2/2 |
| Content Quality & Originality | 2/2 |
| Understanding of Strategy | 3.5/4 |
| Practical Approach | 1/2 |
Key Notes:
- Your homework presentation style is very good and I encourage you to keep following it.
- In question no 02, the support levels you marked are not correct because price is crossing the EMAs from below. We look for the support when price is already upside of EMAs and pull back to hit EMA and move up again.
*.You have shown good understanding of the strategy by making precise charts for different elements of the strategy. - In the last question, I wanted to see if students picked this strategy. Your buy trade is a bit late and you should have placed it earlier. Your sell trade is not convincing because price is just ranging around the EMAs and we should avoid such scenarios.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.
Regards
@cryptokraze