Welcome to your Chart Reading 100
This quiz is intended to build your skill level as a trader "without" having to make trades on the exchange.
You should take this quiz once per day and try to get the maximum score of 2000 points. Each correct answer is 100 points. There are a total of 20 questions that are randomized.
To help you better your skill building, each question will provide correct answer info once you've made your selection. You cannot change your answers once you've made your selection.
NOTE: You can take this quiz as often as you wish, no matter how many times per day. Always read the question carefully before answering because you cannot change your answer once selected on each quiz attempt. Also, be sure to check the "hint" on questions that have a hint available.
Once you have gotten 3 consecutive perfect scores, consider yourself a master at understanding the content of this lesson. Continue to take this quiz until you have gotten 3 consecutive perfect scores. After that, I suggest you visit this quiz once per week to keep your skill level as fresh as possible.
Best of success to you all... 🙂
First Name
Email
1.
On the RSI chart, which line is considered the median or the equilibrium level?
HintRSI is neutral in the pink shaded area; overbought in the top white area and oversold in the bottom white area of the chart
2.
The red to green in the pic describes what type of market activity?
Hintthe answer is the opposite of what color you see first in the pic
3.
What are the long or short stems at the tops or bottoms of a candlestick called?
4.
On the RSI chart, which line is considered the oversold level?
HintRSI is neutral in the pink shaded area; overbought in the top white area and oversold in the bottom white area of the chart
5.
Looking at the shaded channel in this pic, what is this market trend considered to be in?
Hintlook at the shaded channel direction "not the candlesticks"
6.
When using the RSI chart to determine a trade, what level is "great" buying zone?
Hintuse the chart for guidance for the "best" answer
7.
The green to red in the pic describes what type of market activity?
Hintthe answer is the opposite of what color you see first in the pic
8.
What RSI level is considered a "very high risk" to buy?
Hintuse the chart for guidance for the "best" answer
9.
On the RSI chart, which line is considered the overbought level?
HintRSI is neutral in the pink shaded area; overbought in the top white area and oversold in the bottom white area of the chart
10.
In this pic, what are these types of symbols called on a price chart?
11.
If a market is moving in a downtrend, what other term can describe this movement?
Hinta phrase to remember is (bears lay "down" and bulls run "up")
12.
If a market is moving in an uptrend, what other term can describe this movement?
Hinta phrase to remember is (bears lay "down" and bulls run "up")
13.
Looking at the shaded channel in this pic, what do we call this market trend?
Hintlook at the shaded channel direction "not the candlesticks"
14.
Trade decision: RSI is at the 65 level. What should you do if wanting to buy the coin?
15.
When using the RSI chart to determine a good buying zone, what level is good to start with?
Hintuse the chart for guidance for the "best" answer
16.
Looking at the RSI chart, which position would be the "best" buying opportunity?
Hintlook at the lowest possible RSI point in the pic
17.
Red candlesticks on a price chart suggests
Hintred is for bears and green is for bulls
18.
Trade decision: RSI is at the 50 level. What should you do if wanting to buy the coin?
19.
Green candlesticks on a price chart suggests
Hintred is for bears and green is for bulls
20.
Looking at the shaded channel in this pic, which direction is this market trend moving?
Hintlook at the shaded channel direction "not the candlesticks"
