RE: Fear and Greed Index - Crypto Academy / S4W5 - Homework Post for @wahyunahrul | by @benjamin09
Hi @benjamin09, Thanks for taking my class.
Based on the homework that you have made, here are the details of the assessment you get:
| Assessment Aspect | Score |
|---|---|
| The relationship between emotional conditions and cryptocurrency price movements | 0.7/1.25 |
| Personal opinion regarding Fear and Greed Index | 1/1.25 |
| Added required data to Fear and Greed Index | 1/1.5 |
| Technical analysis using Fear and Greed Index | 2/2 |
| Conclusion | 0.5/1 |
| Procedures and structure of writing | 1/1 |
| Follows Rules and Guidelines | 1/1 |
| Provides additional information/effort | 0.7/1 |
| Total | 7.9/10 |
My Reviews and Suggestions:
You have completed the given task.
In the explanation of question number 1 you should show a real example of how emotional conditions can affect the cryptocurrency market.
In question number 4 it seems that you are wrong in determining the stop loss and take profit levels, especially in short-term trading. To determine it, there are provisions such as having to first determine the resistance level, determine the Risk/Reward ratio, etc. You can learn more about assignments that have been given by other professors. However you've shown how you make decisions using the Fear and Greed Index, good job!
Provide some additional images so that the assignments you make look more interesting to read.
Thank you professor. I will follow your recommendations in the next assignments.