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RE: teemit Crypto Academy Temporada 3-Semana 5 - Comercio de criptomonedas con el indicador Ichimoku-kinko-hyo - Parte 2 - profesor @ kouba01

in SteemitCryptoAcademy3 years ago

Hello @nathan27,
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 6.5/10 rating, according to the following scale:

OriginalityCompliance with topicConsistency of methodQuality of analysisClarity of structure & language
(1/2)
(1.5/2)
(1.5/2)
(1/2)
(1.5/2)

My review :

Acceptable work in which you tried to answer the questions in your own way and I have a few points I want to raise:

  • A good presentation of the Ichimoku cloud, especially for its two lines, as it provided many important details.

  • You did not delve into the analysis of the relationship between price action momentum and the Ichimoku cloud, especially using the Kumo Thickness. As well as to determine the levels of support and resistance that differ from the traditional method.

  • As for the twist, you forgot to mention the case of entering a neutral trend (range), because 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 the trend to come.

  • You did not explain well the signals from KUMO to observe the trend change.

  • 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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