RE: Crypto Academy / Season 3 / Week 3- Homework Post for Professor @lenonmc21 - Topic: All about Trends, Supports and Resistances and simple chart patterns. by @patrickbonyah
Greetings @patrickbonyah. Thank you very much for participating in my class for season 3 (week 3), in the "SteemitCryptoAcademy ".
RATING: 6
| Parameters | Rating |
|---|---|
| Presentation Style (Use of Markdown) | 1/2 |
| Quality of Content (Mastery of Subject Matter) | 1/2 |
| Spelling and Grammar (Writing Fluency) | 2/2 |
| Originality | 1.5/2 |
| Practical Approach | 0.5/2 |
| Total | 6 |
Remarks:
Presentation: It was regular, but you could have done much better, you should have centered the images smaller and justified the text.
Trends: You failed to detail that, with a trend we can measure the strength that has a movement, also highlight that, in greater temporalities graphs, they are the most reliable to analyze. Not only can we see in which direction the price is going, which is the most basic, there are more aspects behind what is a trend.
Trend Line: You missed details to highlight, such as the fact that trend lines also function as dynamic supports and resistances and the slope, strength and speed it has. The bearish trend line does not have enough touches.
Supports and Resistances: You did not explain how we can see if one zone is stronger than another and how we can identify it.
Patterns: You did not explain why these patterns are formed, what is their interpretation behind their formation.