RE: Steemit Crypto Academy Temporada 3 - Semana 5 | Comercio de Criptomonedas con el indicador Ichimoku-Kinko-Hyo - Parte 2 by @daytona475
Hello @daytona475,
Thank you for participating in the 5th Week Crypto Course in its third season and for your efforts to complete the suggested tasks, you deserve an 8.5/10 rating, according to the following scale:
Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
---|---|---|---|---|
My review :
You have provided good content with a variety of information, your writing style is excellent, and your methodology is sound. With your permission, I would like to take some notes:
The interpretation of the cloud for the Ichimoku indicator and its components was good and clear in all its aspects.
As for the relationship of this cloud to the price movement, it can be determined according to the thickness of the cloud, where the higher the density of the cloud, this indicates the high volatility of the market in that period. The increased price movement and its volatility will lead to the divergence of the two lines, which gives us the impression of stronger fluctuation in the price movement.
As for determining the levels of support and resistance based on the Ichimoku cloud, it differs from the traditional method, and this is what you are asked to interpret.
Your explanation of the rest of the questions was excellent and you delved well into analyzing what was required.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thank you very much teacher, I will take your suggestions into account!