Thank you @imagen for the lesson and Home Work Task. Below are the attempts:

To make an investment using the binance app, the following procedures should be adhered to;

1.The first step is to download the binance app from your phone’s app store or you can login through binance website.

2.After downloading or opening the website, you will be required to login if you already have an account and if not you will be required to create an account
3.Once login is completed, you select the spot market and search for the coin you want to buy, for me I will be purchasing the Ada coin which is ADA/USDT

4.It will open up a page where you will be able to set your buy limit

5.After you set the buy limit, you can proceed to click on buy

WHY I CHOSE THE ADA COIN

The selected coin Ada also known as cardano was chosen because it is swift and also scalable. Also the coin is popular because it was launched with the decentralized finance at heart; this is to say that Ada coin runs on cheaper fees than other coins that are not decentralized. Ada is intentionally worked for developing business sectors.

It has taken different steps in guaranteeing block chain technology is received in different places in the world. In this way entering these different markets can energize the utilization of virtual currencies in monetary services without utilizing cards.

Ada utilizes proof of stake hence making transactions preparing to be quick, the Ada coin processes at the rate of 1000 tps. Ada has so many colleagues dealing with its turn of events and most effectively created project in the block chain space. On the off chance that they keep moving on like this, they will actually want to accomplish their advancement road map.

WHAT IS THE MARKET CAPITALIZATION OF THE ADA COIN AS AT THE TIME OF WRITE UP

The market cap of the Ada coin as at the moment when this write up was put together is $ 41,033,373,085 as shown in the image below.

WHAT IS THE POSITION OF THE ADA COIN IN THE CRYPTO ASSET RANKINGS

The ranking of the Ada coin in the rankings of the crypto assets is 5th position

THE OBJECTIVE OF THE PROJECT BEHIND THE ADA COIN

The Ada con is referred to as the 3rd generation crypto, its aim is to be able to curb the problem of scaling and also to provide solution to infrastructural problems that were present in the bitcoin as bitcoin belonged to the 1st generation cryptocurrency that birthed forth the concept of using virtual currencies, also we have another crypto coin called Ethereum which is a second generation coin, the Ethereum coin amplified the use of smart contracts.

And so we can say that the objective behind the creation of the Ada coin is to be able to proffer solution to problems that have relations with interoperability, sustainability and the problem of scalability on the crypto platform.
It also aimed to make it possible to carry out chain transfers using side chains, which makes it possible to carry out transactions between two parties.

WHO FOUNDED THE ADA COIN

The development of the Ada coin started in the year 2015 and by the year 2017 it was launched. The Ada coin was founded and launched by the co founder of the Ethereum coin, Charles Hoskinson, he left Ethereum because he was having issues with Vitalik Buterin.
The development of the Ada coin was supervised by Cardono foundation and the foundation was based in Switzerland.

THE ROAD MAP FOR THE ADA COIN

The road map for the Ada coin summarizes the development of the Ada coin and it can be organized into five different eras which are:

Byron

Shelley

Goguen

Basho

Voltaire

BYRON

The Byron is the first era of Ada, during this era, the Ada coin was listed amongst the 30 exchanges. His era was characterized by the use of research and also the formulation of a strong development model for the creation of this blockchain.

SHELLEY

This is the second era, this era saw the development of Ada coming into full operation, this is when decentralization for the coin began, also delegation and reward system that will spur staking nad mass adoption was introduced during this stage

GOGUEN

The Goguen is the third era, this era saw to it that smart contracts can be operated easily, this is to make it possible for even persons who do not have much experience in that area to be able to create smart contracts.

BASHO

This is the era that saw to it that cardano block chain can be operated or transacted with other coins. This will make it possible to have a flexible transaction system on the cardano platform.

VOLTAIRE

It was at this point that Ada was fully decentralized and the governance of the coin was totally handled by the community.

THE SPECIFIC PURPOSE OF THE CRYPTOCURRENCY

The purpose why Ada was created is as follows:

1.It was created as a means of empowerment for several individuals.

2.It was created to curb the problem of corruption since it is an open source block chain which enables transactions to be carried out transparently.

3.It was created to be used as a means of payment

4.It solves the issue of inequality; it can resolve this issue with its tokenization and formation of advanced identity. Making it workable for individuals to be utilized distantly and pick a superior work for themselves. Workers will at this point don't be helpless before businesses.

THE EVENING STAR

An evening star candlestick is mostly utilized by technical analysts and traders to recognize when an uptrend or downtrend is going to experience a reversal, it is a bearish candlestick structure and it involves 3 candles: one long green candlestick, one small candle and one red candle. The principal development of the evening star pattern is a long bullish green candle.

The bulls are undoubtedly in charge right from the start. It is clear from the kickoff of the second that the bullish are in charge. Despite the fact that buyers don't push the value a lot higher. The candlestick on the subsequent day is in every case little and can be bullish, negative or impartial.

A bearish candlestick on the subsequent day is a more grounded sign of a likely reversal. In any case, it is that of third day that is vital. The third day starts with a gap down. This is a bearish signal. Bear can decrease cost considerably further, in some cases take out the addition of the primary day.

This pattern shows at the peak of an uptrend and demonstrate the easing back down of upward momentum. It makes the broker know a bearish move which make the establishment for another downtrend.

WHAT IS THE HIT RATE

The hit rate for this evening star is at 72% success rate

WHAT IS THE PATTERN ABANDONED BABY

The abandoned baby is a candlestick pattern which likewise has a bearish and bullish pattern which resembles the morning or evening star yet not by and large the equivalent. It is another pattern that traders pay special attention to when they are attempting to recognize a reversal pattern in a trend.

THE BULLISH ABANDONED BABY

It comprise of 3 candlesticks quickly following a downtrend. It regularly flags a finish to a downtrend and a potential uptrend.

The candlesticks present in a bullish abandoned baby are:

i.This is a huge bearish candlestick seen during a downtrend.

ii.This is a doji candlestick that have an opening and shutting price that is practically equivalent. In any case, its initial cost is well underneath the end cost of the bearish candle.

iii.The last bar is a huge bullish candlestick that opens with a hole over the doji candlestick.

The analysis of this pattern is that there was a hefty auctioning off of the asset and unexpectedly there was a doji candlestick implying a tussle between the buyer and sellers, that the made the opening and closing price be practically something similar. Then, at that point the doji was trailed by the strong bullish candlestick typically giving a hole from the doji to show that buyers have assumed responsibility for the market basically for the occasion.

THE BEARISH ABANDONED BABY

This is a pattern of a candlestick that indicate that there is about to be a reversal in the ongoing uptrend. It regularly occurs in rare occasions yet is a solid sign of bullish reversals. It is typically trailed by a bearish trend.

This pattern comprise of three kinds of candle sticks:

i.A solid bullish candle in an uptrend.

ii.This is doji candlesticks that have an opening and closing price that is practically equivalent. In any case, its opening price is well over the closing price of the bullish candle.

iii.The last bar is a large bearish candlestick that opens with a hole underneath the doji candlestick.

WHAT IS THE PERCENTAGE CORRECT

At the point when this candlestick pattern reversal shows up, the heading reverses right away. The success pace of this pattern is about 65% right at whatever point it happens however it is extremely uncommon to discover this pattern in the market.

ANALYSIS FOR 3 AND 7 RECENT CALENDAR DAYS PATTERNS

We have the following for the 3 days for bitcoin patterns;

1.And the evening star
2.We have the engulfment pattern
3.We also have the black cows

And for the 7 days for bitcoin patterns, we have:

1.The white soldier
2.We have the engulfment pattern
3.And we also have the evening star

Thank you for reading my post.

Cc: @steemcurator02