Greetings @nazlaaulia. Thank you very much for participating in my class corresponding to season 3 (week 3), in the "SteemitCryptoAcademy ".
RATING: 6
| Parameters | Rating |
|---|---|
| Presentation (Use of Markdown) | 1/2 |
| Content (Topic Mastery) | 1/2 |
| Quality of Analysis | 1/2 |
| Spelling and Grammar | 2/2 |
| Originality | 1/2 |
| Total | 6 |
Remarks:
Presentation: You did not create a cover image to represent your work to the assignment, nor did you use text separators to divide the assignment questions, which would have given it more order and a better structure, visibly attractive and of higher quality. Finally, some important subtitles are stuck to the paragraphs, the ideal is that you give them enough space to be observed aesthetically much better.
Trends: You forgot to mention that with a trend we can measure the strength of a movement, and also highlight that, in charts of greater temporalities, they are the most reliable to analyze.
Trend Line: You missed details to highlight, such as the fact that trend lines also function as dynamic supports and resistances. In addition, the uptrend line in your image, you drew it incorrectly, since, you should was to join the minimum points that the price leaves while it makes its journey.
Supports and Resistances: You assured that if the price reaches a support level the prices will increase, although there are probabilities that this happens, it is not 100% sure, we must also evaluate other important aspects to determine it. The same with the resistance level. Also you did not explain me what is behind these zones on the chart, how they are formed and how we can see if one zone is stronger than another.
Patterns: The ascending triangle pattern is not a support level, but the price produces a resistance, which can not pass, the price then goes down and the buying pressure is increasing. The opposite happens with the descending triangle.
My comments and/or suggestions
- Thank you very much for participating in my class. I value your effort to explain each point of the assignment. You missed some details to highlight based on the assignment, which are also of importance to understand all the concepts of the assignment, I recommend you to check the observations to understand what was missing from it and spend a little more time to study the class, so you do not miss any detail.