RE: [ Effective Trading Strategy using Line Charts ]- Steemit Crypto Academy | S6W1 | Homework Post for @dilchamo
Hello @samizuberi ,
Thank you for participating in the week 1 of season 6 in the Steemit Crypto Academy.
Your grade on this assignment is as follows:
| Criteria | Grade |
|---|---|
| Originality | 1.5/ 2 |
| Compliance with topic | 1/1.5 |
| Consistency of method | 1.2 / 2 |
| Quality of analysis | 1.4 / 2 |
| #club5050 | 1/1 |
| Clarity of structure and language | 1 / 1.5 |
| Total | 7.1/10 |
Homework task: 7.1/10
Feedback and Suggestions :For the first question, you have defined the Line charts in your own words. Also, you can explain more about its uses.
For the second question, you didn't explain much about identifying Support and Resistance levels. But you have taken suitable charts.
For the third question, you have differentiated between line charts and Candlestick charts by using proper illustrations.
For the fourth question, you have done good explanation to the other Suitable indicators that can be used with Line charts by using proper illustrations.
For the fifth question, you have not proven your Understanding of Bullish and Bearish Trading opportunities using Line charts. Here you have used 9 periods as settings for EMA. So, it's not a suitable period for working with the Crossover strategy.
Thank you for following #club5050 and I recommend you to continue powering up. Overall answers are satisfactory. I hope you will correct any mistake that you have made in this lesson and participate in the coming lessons.
