RE: [ Crypto Trading by Identifying Support and Resistance ]-Steemit Crypto Academy | S6W3 | Homework Post for @shemul21
Hello dear @shehan8,
Thank you for participating in week 3 of season 6 in the Steemit Crypto Academy.
Your grade on this assignment is as follows:
| Criteria | Grade |
|---|---|
| Presentation and Originality | 1.7/2 |
| Compliance with topic | 1/1.5 |
| Consistency of method | 1.6/2 |
| Quality of analysis | 1.2/2 |
| #club5050 | 1/1 |
| Clarity of language and structure | 1.5/1.5 |
| Total | 8/10 |
Feedback and Suggestions:
For the first question, you have described well your understanding of the Support & Resistance zone.
In the second question, you have explained different types of Support & resistance with proper demonstration.
For the third question, you have identified False & Successful Breakouts.
For the fourth question, you have identified the Entry Point using Volume and RSI Indicator Combined with Breakouts and demonstrated it with screenshots.
In the fifth question, you have executed a real trade after a successful breakout and added the required transaction screenshot.
For the sixth question, you have explained the limitations of Support & Resistance in your own words.
Thank you for following the club event ( #club5050, #club75 ) and I recommend you to continue powering up. Overall answers are very good. You have answered very shortly. You should describe more in detail in every part of your answers. There are some simple mistakes, I hope you will correct any mistake that you have made in this lesson and participate in the coming lessons.
Thank you professor.