IM Mastery Academy Launches New Stocks & Cryptocurrency Course
IM Mastery Academy is an online platform that offers educational resources on a variety of markets, market engagement strategies, and ecommerce.
The Academy’s latest update is the Stocks and Cryptocurrency Course, which focuses on stocks and cryptocurrency markets by highlighting engagement strategies based on Fibonacci retracement levels, patterns used to analyze market activity charts and indicate where resistance and support are likely to occur, and more. IM Mastery Academy’s Stocks and Cryptocurrency Course aims to provide students with an opportunity to study time-based and pattern-based approaches to stocks and cryptocurrency markets.
The Fibonacci sequence is a series of numbers in which each number in the series is the sum of the two numbers preceding it. The series is infinite, but, for example, its first five numbers are: 0, 1, 1, 2, 3.
In terms of applications to market analysis, the significance of the Fibonacci sequence lies in the ratios that can be discovered by analyzing it. For instance, each number in the Fibonacci sequence is 1.618 times larger than the number that precedes it, with 1.618 known as a “golden ratio” capable of describing many patterns found throughout art and nature. Market participants utilizing this ratio apply it, its inverse, and other ratios that can be derived from Fibonacci numbers to identify high and low points in market charts analyzed according to specific time frames.
This process is known as Fibonacci retracement because it uses these ratios to indicate the likelihood of pivot points in pricing, points in market activity at which prices will dip or rise to retrace back to a previous point in line with the ratio that is applied.
What Are Stocks?
Stocks refer to publicly exchanged ownership shares of a company. Market participants can exchange these ownership shares as prices fluctuate based on market activity and the company’s performance and future outlook.
In the Stocks & Cryptocurrency Course, IM Mastery Academy students learn about stocks as well as exchange traded funds. ETFs pool a basket of assets into a single unit that can be valued and exchanged on stock exchanges just like a stock in an individual company. ETFs may track indexes such as the S&P 500, sectors such as energy or tech, commodities such as wheat or oil, gold and silver, currencies, or other assets.
What Are Cryptocurrencies?
Only a few years ago, cryptocurrencies such as bitcoin and ethereum were understood by a relatively small number of enthusiasts and actively exchanged by an even smaller number of individuals with access to digital wallets. This all changed in 2017, when cryptocurrencies began to generate more public discussion and market exchange, with the advent of cryptocurrency exchange platforms such as Coinbase playing a significant role.
According to CryptoMarketCap, an organization that tracks cryptocurrency market engagement, in May 2017, cryptocurrency’s total market capitalization — the total amount engaged in the market — stood at approximately $35 billion. Just five years later, in May 2022, total cryptocurrency market capitalization was listed at roughly $1.8 trillion.
At IM Mastery Academy, students and educators study the factors that drive growth in this dynamic market. The Academy’s Stocks & Cryptocurrency Course focuses exclusively on digital currency markets, offering lectures, readings, and access to IM Mastery Academy educators through online goLIVE discussion sessions. Topics covered in the course include the importance of analyzing market activity relative to different timescales, the basics of blockchain technology, and candlestick market patterns on cryptocurrency exchanges.
How Does The Stocks & Cryptocurrency Course Work?
Like other online education courses offered by IM Mastery Academy, the Stock & Cryptocurrency Course is designed to educate students through a combination of asynchronous learning materials such as readings and pre-recorded videos, as well as live mentorship opportunities through GoLive online video sessions with IM Mastery Academy educators.
In addition, it offers apps that students can access via smartphone or laptop to aid in the educational process. This includes IM Academy’s app, IMPulse, which uses proprietary methods to distill over 50 market variables and display a single arrow that indicates market momentum based on strength and direction of activity at a variety of timescales.
The videos and readings offered via the Stocks & Cryptocurrency Course provide a scaffolded approach, building from the basics of stocks and futures to more complex strategies and analysis. Topics range from overviews of market participants, assets, and order types available in the stocks and cryptocurrency markets, to the analysis of market charts using candlestick and Elliott Wave patterns.
Visit https://im.academy to learn more about these offerings.
Note: IM Mastery Academy is not an advisory or broker service. IM Mastery Academy provides online educational services only.
