RE: CryptoAcademy Season 4 | Intermediate Course By @allbert –Week 1: Trading With Strong, Weak And Gap Levels.

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CryptoAcademy Season 4 | Intermediate Course By @allbert –Week 1: Trading With Strong, Weak And Gap Levels.

in hive-108451 •  3 years ago 

Hello @vhenom Thank you for participating in Steemit Crypto Academy season 4 week 1.

CriteriaGrade
Q1 content1/1.5
Q2 content0.5/1
Q3 content1 /1.5
Q4 content0.5/2
Q5 content0.5/2
Post Presentation0.5/1
Originality1/1
Total5/10

Homework task: 7.5

Feedback: First of all, good description and definition of strong supports and resistances. On the other hand, the demonstration of weak supports is not quite clear, I think you should have used another example, because in the image you placed I only see levels that behave as resistances and supports and that is a characteristic of strong levels.

In question 2 I find it very bad that you did not use a screeshot, which I clearly requested. Still your definition is correct.

The demonstration of the gap types was correct except for the runaway gap.... which looked more like a breakaway gap. Remember that the runaway gap is the confirmation of a trend, while in your example we see a trend reversal.

In question 4 my problem is that you did not apply the procedure correctly. To begin with, you did not define the strong support, or at least you did not indicate it.

In question 5 you again got the procedure wrong. For starters, you did not plot the level of the gap right after you found it. In fact, the image you used does not help much to locate the gap.

You should have worked on a more zoomed-in image.

Finally, remember that every image we use must be correctly referenced with the link to the website it came from.
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