Hy steemians this is my first assignment for and professor elaborated the lecture very easy and precise manner. Here we eill illustrate the basic of dynamic support and resistance with mixture formation if EMA. So lets discuss them.

QUESTION NO: 1

1 - What do you understand about the Concept of Dynamic Support and Resistance? Give Chart Examples from Crypto Assets.

CONCEPTS OF DYNAMIC SUPPORT AND RESISTANCE:

Here dynamic support and resistance forms horizontal lines and the formation of trend lines on the basis of resisting the price seems at support and resistance lines though we eill analyze the dynamic support and resistance points. So the dynamic support is the brace of price where the market do rest and take positions wether to move up or sometimes the strong fundamental break their drama. Although the dynamic resistance deals with the with standing or a defense of price where the price hits to break the ceiling yes the ceiling is more appropriate where the orice should break or come back to hit again with strong fundamentals need.

So the professor illustrated us the formation of these dynamics with EMA which results in best opportunity to judge the market trend. The combination seems to be quite amazing while I am reading the lecture where the buy sell entry and trade exit entry criteria and new trend positions easily observed. Next question is totally relating to its basic so lets move on.

Link

PRICE FORMATION OF DYNAMIC SUPPORT :

The 15 min time frame frame cam be seems through you can see how dramatically shows the position so the dynamic support can be analysed at support level I highlighted then some agreement of resisting that level although you would se ho beautifully it move UPTREND and the good profitable trades can bee seen

PRICE FORMATION OF DYNAMIC RESISTANCE:

The time frame i chooses is 15min here the dynamic Resistance drama can bee seen and the pull market downward and EMA performance in a manner though it moves downward positions. You can see the resist of price at resistance level and through some agreements with such position than it leads to downward trend.

QUESTION NO: 2

2 - Make a combination of Two different EMAs other than 50 and 100 and show them on Crypto charts as Support and Resistance. (Clear Charts Needed)

The strategy of dynamic support and resistance are very common strategy used by traders while the combination of if EMA would be the mixture of good analytical trading strategy, though twi EMA can be used to give perfect trading views. I am using 15 and 80 EMA and using 1 hr time frame on bnb coin

The upward and downward movement can be also analysed by this method like when the market is in bullish trend short EMA will be above the longer EMA, the EMA i used is 15 and 80 though 50 EMA will be above the 80 EMA in uptrend market.

Comparatively bearish trend shows you in such a way that 50 EMA line will be below 80 EMA. So it can be illustrated better way in charts view. I have selected bnb coin

EMAs formation as Dynamic Resistance:

My EMA is 15 and 80 working as resistance and the market is in downtrend position. 15 EMA is below the EMA and how beautifully the trend changing position us seen and there might some points where the the rejection might seen while you have to wait for clear resist of price to EMA than you can make positions for your trade. Market has respected EMA and bounced back to downwards.

EMAs formation as Dynamic support:

The dynamic support can be judge by analysing the chart when EMA 15 is above of EMA 80 that might gave you uptrend position and the cycle will begins, You have judge in previous heading that whenever has rejected and the will be pull back shown in chart through which clear upward trend might seen.

QUESTION NO: 3

3 - Explain Trade Entry and Exit Criteria for both Buy and Sell Positions using dynamic support and resistance on any Crypto Asset using any time frame of your choice (Clear Charts Needed)

Entry for buy positions:

This question deals with buy strategy while using Ema the trade entry positions for both buy and sell areas we will elaborate. The strategy of EMA is according to professor view 100 and 50 this might be creat perfect trading opportunities that can be done in 15min time frame lets check it out.

• Set the Ema first 100 and 50 with 15 min time frame.

• Price should be above both of the EMAs in order to get perfect Buy position. Thus the EMA's below this lines work as resistance lines

• When the price hits and resist over the Ema then take take trade not when it just hits or wick movement might pretends wait for twice hiting zones of price.

• The trend might gave you one or two chance to enter in the market analysis them clearly.

Sell Trade entry criteria.

Here the sell areas might be observed I have added 100 EMA and 200 EMA for selling positions in chart.

• Set the Ema first 100 and 50 with 15 min time frame

• Price should be below both of the EMAs in order to get perfect Buy position. Thus the EMA's below this lines work as support lines.

• The downtrend can be judge easily 100 EMA forming the 200 EMA from downward positions thus downtrend in market observed.

• As the market rebounds giving pull backs and moves below the EMA 100, the point urges here that the trader should enter the sell position.

Buy Trade exit criteria.

Here we will discussing the relation of trade exit position of buy and sell area while using stop loss and take profit strategy.

Exit for Buy positions:

• The stop loss level should be below 100 EMA. Might wrong direction can be analyzed.

• This stop loss is apply hence trader might bear wrong trading zones. So you can judge more EMA for Further trades

• I will use the RR 1:1 which is said by our professor for minimum loss.

• The price hits the take profit zone make your trade and exit the position.

• Immediately booking your trades at right time will give

Exit for sell Position:

• Sett the stop loss level above100 EMA .

• This stop loss is apply hence trader might bear wrong trading zones. So you can judge more EMA for further trades.

• I will use the RR 1:1 which is said by iver professor for minimum loss.

• While this helps you when market goes wrong direction then cycle will be invalid way and we will exit the market on hitting the Stoploss price level.

• The price hits the take profit zone make your trade and exit the position.

• Immediately booking your trades at right time will give

QUESTION NO : 4

4 - Place 2 demo trades on crypto assets using Dynamic Support and Resistance strategy. You can use lower timeframe for these demo trades (Clear Charts and Actual Trades Needed)

DEMO TRADES ANALYSIS:

a) AXS/USDT on 15 Minutes Time-frame:

On demo trade there you can see price hits EMA LINE and then retestment on chart analysed. Here my trade for sell postion i wil made.

b) BnB/ USDT on 15 minutes Time frame:

In this trade the buying position and take profit opportunity can be seen when price hits EMA. Thus as per illustration the the price resist and makes candles above EMA's though buy trade position applies.

Final trades you can see and my strategy how I manage to do such though always do a buy or sell order we have to take the EMAs and other strategy and then deploy trades for the dynamic support and resistance levels.

CONCLUSION:

So here we discussed the the beautiful firmation of how the dynamic support and resistance works according to EMA and it will be very interesting for beginners to take trades as per this strategy.

This strategy is very meaning full for me because past experience of @cryptcraze taught us much but its my first class so I really learned much.

So the last and second last trade can taught knowledgeable things for trading exit and entry position which is very main thing and means for every trader and I am basically very weak in this thing so this dynamic resistance and support taught us the basics although previous strategy also helps me to understand the market cycle and trend changing position.

I liked you class honestly and waiting for next lecture which would help us to get better strategy in crypto world.