Greetings @zekea, thank you very much for being a part of SteemitCryptoAcademy this sixth season.
Your grade on this assignment is as follows:
| Parameters | Grading |
|---|---|
| Originality | 1.3/2 |
| Compliance with Topic | 1.3/1.5 |
| Consistency of method | 1.5/2 |
| Quality of analysis | 1.3/2 |
| #club75 | 1/1 |
| Clarity of structure and language | 1.5/1.5 |
| Total | 7.9/10 |
Remarks:
The initial information is very short, it explains a little more about the token, the project and gives some news about its current status and why you will trade with it, performs the fundamental analysis.
For this chart, the stochastic indicator was in the overbought area and this means a bearish trend reversal. After seeing this indicator, I sold my holdings of the token and placed a buy trade at the support level.
You should mark important points, some extra resistance and support on your chart. Take them into account to find a better point on which to open the trade, not only on the information provided by indicators.