Crypto Trading Review and Assessment 3

Question 1

On a candlestick chart, a green (bullish) candle means the close was:

Accepted Answer

Higher than the open

Answer

Lower than the open

Answer

Equal to the open

Answer

Below the previous low

Question 2

What does RSI (Relative Strength Index) primarily measure?

Accepted Answer

Momentum and overbought/oversold conditions

Answer

Total trading volume

Answer

Market capitalization

Answer

Network hash rate

Question 3

A 'golden cross' occurs when:

Accepted Answer

A short-term MA crosses above a long-term MA

Answer

Price hits an all-time high

Answer

Volume doubles overnight

Answer

Two exchanges list the same coin

Question 4

In trading, 'support' refers to a price level where:

Accepted Answer

Buying interest tends to halt declines

Answer

Selling pressure caps gains

Answer

Trading is suspended

Answer

Fees are highest

Question 5

What does trading volume help confirm?

Accepted Answer

The strength behind a price move

Answer

The total coin supply

Answer

The block reward size

Answer

The exchange's age

Question 6

A 'doji' candlestick typically signals:

Accepted Answer

Market indecision

Answer

Strong bullish continuation

Answer

A confirmed reversal every time

Answer

Zero trading activity

Question 7

Bollinger Bands widen when:

Accepted Answer

Volatility increases

Answer

Volume drops to zero

Answer

The asset is delisted

Answer

Fees are reduced