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RE: Steemit Crypto Academy Season 3-Week 5 , Homework post for professor [ @kouba01 ] , Trading Crypto With Ichimoku-kinko-hyo Indicator - Part 2

in SteemitCryptoAcademy3 years ago

Hello @drqamu,
Thank you for participating in the 5th Week Crypto Course in its third season and for your efforts to complete the suggested tasks, you deserve a 9/10 rating, according to the following scale:

OriginalityCompliance with topicConsistency of methodQuality of analysisClarity of structure & language
(1.5/2)
(2/2)
(2/2)
(1.5/2)
(2/2)

My review :

An article with excellent content in which you have provided a set of useful information to answer the questions posed, and I took some notes :

  • A clear explanation of the Ichimoku cloud and its lines, but it lacks depth in an analysis of some aspects.

  • Very often when the cloud twists after a period of trend, prices enter a range (in 75% of cases). The twist indicates a weakening of the trend and in no way a change in trend to come.

  • For your information the preferred strategy of Scalping with the Ichimoku indicator is called "Scalping Ichimoku in one minute M1", but we all know that the supports and resistances identified in the higher time frames will have a greater impact on the price trends. This is why the analysis of Ichimoku M15 and M5 is essential.

Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01

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 3 years ago 

Thanks for review and valuable suggestions.

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