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RE: Crypto Academy / Season 3 / Week 4- Homework Post for Professor @cryptokraze - Topic: Trading The Dynamic Support & Resistance.
Dear @whileponderin
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 6.5/10 Grade Points according to the following Scale;
| Criteria | Grade Points |
|---|---|
| Presentation Style | 1.5/2 |
| Content Quality & Originality | 1.5/2 |
| Understanding of Strategy | 2.5/4 |
| Practical Approach | 1/2 |
Key Notes:
- You should keep your text alignment in justified settings to make your task look better.
- In question no 03, Line chart is used to show trade entry for Buy position which is not optimum chart. Your trade exit markings are way too far. We use 1:1 precise marking because nobody knows how far the market will trend.
- In the last question, I wanted to see if students picked this strategy. Your 1st trade is erly because the 50 EMA is still below the 100 EMA, and you have to wait for the crossover and then look for a buy setup. Your 2nd trade is not good because price is just ranging around EMAs and that is not a clear setup.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.
Regards
@cryptokraze