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RE: Onchain Metrics Part-3 (GIOM, Adjusted Large Transaction Volume)- Steemit Crypto Academy- S5W5- Homework Post for @sapwood

in SteemitCryptoAcademy3 years ago

Thank you for attending the lecture in Steemit-Crypto-Academy Season 5 & doing the homework Task-5

the larger the effect it will have on the Resistance Currently, it has 9.26 million addresses which is an equivalent of 22.35% is current Out Of The Money.

Also, indicate the volume, which is also to be considered to ascertain its impact as support or resistance.

In The Money (ITM): in ethereum, the cluster produces 57.05m addresses with a Percentage 84.79%

At The Money(ATM): in ethereum, the cluster produces 2.47m addresses Percentage 3.68%

Out of the Money(OTM): in ethereum, the cluster produces 7.76m addresses Percentage 11.54%

How do you use these figures to ascertain the trend, upside/downside, how strong that is??

It telling us nearly 5.13 million address holders buying BTC

Observation/Suggestion/Feedback:-

  • The user has analyzed ETH using GIOM and Adjusted Large Transaction volume indicator. She has missed a few important and relevant points: she did not explain about using GIOM to asceratin the momentum, the approach to Q No 2 is also shallow, it could have been much better with proper analysis and adequate research.

Thank you.


Homework Task -5 successfully accomplished
[5]

CriteriaCalculation
Presentation1/1.5
Consistency, Compliance with Topic0.5/2
Quality of Analysis0/2
Clarity of Structure & comprehensive understanding0.5/1.5
Originality2/2
#club50501/1
Total5/10

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