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RE: Crypto season 3 week 4 / homework post for professor @cryptokraze Dynamic Support and Resistance by@yarhassan
Dear @yarhassan
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 5/10 Grade Points according to the following Scale;
| Criteria | Grade Points |
|---|---|
| Presentation Style | 1.5/2 |
| Content Quality & Originality | 1/2 |
| Understanding of Strategy | 2.5/4 |
| Practical Approach | 0/2 |
Key Notes:
- Your homework presentation style is good. You can further improve it by adding custom dividers to separate different parts of the task.
- In question no 02, you have used 15 and 80 EMAs combination which are too far away and will not give good setups. You should have used a bit closer combinations. 80 EMA would give too large stop loss level simply. Your support level marked is wrong because prices was just below the EMAs and we need price to be above EMAs.
- In question no 03, your buy entry is not right because we need price to be above the EMAs and then wait for the pullback and buy setup..
- In the last question, I wanted to see if students picked this strategy. You have not placed the trades in market which makes this answer void.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.
Regards
@cryptokraze