HELLO STEEMIT members , i hope you all are fine and doing well, so this is my homework given by the honorable professor @stream4u, First of all thankyou so much professor.

Crypto academy professors are doing their utmost to help steemit users learn about a variety of topics by sharing their expertise and information in order to help them make better use of this enviroment and helping us to not only learn but also enhance our skills here.

Discussed as per your understanding on Reverse Strategy with some graph examples.

Technical Details On Reverse Strategy:

A reverse strategy is basically a trading technique that is employed during the technical analysis stage to profit from market price movements. Multiple methodologies that may be applied in cryptocurrency. There are a variety of tactics that traders employ in cryptocurrency trading in order to profit from market swings.

Reveserse strategies are very benificial as this approach allows a trader to make the most money by advising him on when to enter the deal in a bulish conditions of market.

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Reverse Strategy is also similar to technical Analyis or you could concider it part of it ans its main motive and purpose is to market condtions i.e high and lows of the market which proves be benificial for the cryptotraders i identifing thr condition of markers in make good decisions in negative market. The buyer would buy against the trend of market in this strategy, because the cryptocurrency trader conducts the opposite of usual trading actions and this process is called Counter Trading.

At tthe time of trading one should be realy patient and peaceful and when the market is experiencing rapid ups and downs. When consumers notice that the market is in a downward trend, they may decide to purchase the coin at that price. However, it has recently been discovered that the market is consistently decreasing. So one shouldnot buy at that time.

During the Analysis, traders will find many bulish trend or trends can be bearih too, it is very tricky time to select the bestt option either biuy, hold or sell, it reuquires a long analysis of hours to decide and Reserse strategy is very helpful in such conditions.

In Below graph you can see at marked area there is a strong fall in market at that time one should use reverse strarategy and make purchases and buy at that time and In such cases reverse method instructs investors to purchase coins at the previous day's asset closing price.

Now in graph no 02, there is a rise in marked area so hereprior day's opening price is equivalent to today's closing price. You should put an order to sell your assets at this moment.

Review Of COINGECKO

COINGECKO:

ConiGecko is one of the most famous and poular website for the traders i.e cryptotraders. It is benificial in such a way that it gives vital information about any crypto coins and there values, it is very common for the traders and investors.
Coingecko also provides a mobile app both on IOS and android that allows users to quickly access pricing statistics of multiple cryptos and also enable user to make conversion of any currency .

Another best thing about coingecko is its interface which is very siimple and attractive which enables it to be accessible to everybody. There are numerous sections on the top page of coingecko and with that it also enables user to understand defferent graphs and conversion easily. With that it is also no necessary that every coin must be available on it, just like binance it also has certain requirements which a coin must fullfill to be listed on it.

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How COINGECKO Can Be Helpful for you in a Crypto Market?

Coingecko gives crypto information that can assist you in obtaining the price of a specific crypto, as well as the rank and current volume of the coin. For be Coingecko is very very helpful, whenever i want to check value of any coin moslty steem i use coingecko, even i have also saved it as bookmark in my laptop and phone both.

It is also very helpful as it shows price of respecttive selected coin on common exhanges like Binance, Hubbi VCC etc.

Another helpful feature is i am able to see the value of coin in selected currency and its growth of fall, it market capitilization, 24 HIGH and low and even its curculating supply too on which exchanges you can buy that coin.

Even it is best for invertment purpose , When I want to invest in a cryptocurrency, the first thing I do is research the basics. before investing I first chcck its ups and downs and its statistics as it gives me a significant edge because I can simply monitor the cryptocurrency's pricing and keep track of crucial details.

Explore COINGECKO features with information.

When you open website of CoinGecko which is https://www.coingecko.com , you will be able to se alot of features which you can explore and get help from them

Main feature is it shows prices of cryptocurrencies based on their marketCap rating

It shows exchanges based on their ranking and rate of selected coin on that exchange.

It also list the popular coins of that timw , it is also a very helpful feature

Another helpful feature is it shows all details of selected coin like its market capital, total trade valume, value up in 24 hours, value down in 24 hours etc.

Another important and helpful feature is it also shows latest coins listed on it coingeccko as it is helpful because it is suggested to invest in new coins and as they are listed on coingecko so they are trusted obviously.

Weekly Price Forcast For Crypto Coin ( TRX)

I have selected Tron (TRX) and i will discuss its weekly forcast as it is one of hot or rising coin as its price as received a great hike in few months and due to this many people have taken interest in it. The Tron blockchain system has revolutionised blockchain technology by allowing# for free transactions on the network. Even Tron has market cap of PKR 246,060,018,302,134 and is on 474 exchanges. and its Trading Volumis PKR 522,931,888,068.
With that trx was All time High at PKR 27.20 -56.6% on 8 jan 2018 3 years ago and it was all time Low on All-Time Low PKR 0.189131 6139.9% on Nov 2017 2.5 years ago.

SELECTED TRX BECAUSE

I have Selected TRX because of its low transction fees and with that its price is low so that it is easily accessable by many users. Its transaction fees is very high which is 2000 trans per second and it is free diigtal platrform.

TECHNICAL ANALYSIS OF TRON TRX:

So i will make analyis of trx and will forcast about it for next week, i will do so by first checking it price and value behaviour and then analysing graph trends of lask week from 17 to 22 of may 2021. as you can see there is a sudden change in price, price was sable till 19 of may and on 20th may there is a huge fall in price from 18PKR it falls to 11 and still the graph trend is at down side and candle of it is down.

According to my Analysis its price will be stable for 2 days and then there will be downfall in price again as you can see in graph that price was going down but only got up for few hours. AS my technical analysis was based on the Tron coin's price history, and conidering the reversal tendencies through time to anticipate the asset's price in in the upcoming week. As i have learnt about bulish and bearish market and reverse strategies so it was easy and convinent for me for forcasting of upcoming week.
ThatsAll.

From this lecture i have learned about Reverse strategies and Coingecko from your lecture professor @stream4u Thankyou so much for this wonderful and informative lecture i have learned alot.

Thats all , This is my homework professor @stream4u i hope you like it and once again professor thankyou so much for this informative lecture, This post is totally plag free.

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