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Lesson # 3
Spot Trading Strategies
Blockchain Basics
1. What is the main benefit of using Dollar-Cost Averaging (DCA) in crypto investing?
A. It guarantees profits regardless of market conditions
B. It helps reduce emotional trading and smooth out volatility
C. It allows you to buy only during bull markets
D. It predicts the best market entry points
2. In technical analysis, a support zone is best described as:
A. A level where price is expected to continue falling
B. A price area where traders typically sell to take profits
C. A region where price often finds a floor and may bounce up
D. A guaranteed signal for short-term scalping
3. Which indicator is best used to identify overbought or oversold conditions in the market?
A. Bollinger Bands
B. Moving Averages
C. RSI (Relative Strength Index)
D. MACD
4. What does the term confluence mean in trading?
A. Trading based only on one powerful indicator
B. Combining indicators that all point to the same signal
C. Using all available indicators at the same time
D. Ignoring chart patterns in favor of on-chain data
5. Which of the following is a common sign of a potential pump and dump?
A. Gradual price increase backed by strong fundamentals
B. Stable volume and low volatility
C. Sudden price spike with no clear reason or news
D. Listing on centralized exchanges with full audits