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RE: ETHUSDT (Buy) | S6T4 - Team Trading Post for Fredquantum-Kouba01 Traders Team

in SteemitCryptoAcademy2 years ago (edited)
Dear @captain36. Thanks for participating in the Steemit Crypto Academy Season 6 Trading Week 4. See the ratings and feedback of your entry below.

Criteria Rating
Originality 1.5/2
Compliance with topic 1.5/1.5
Consistency of method 1.5/2
Quality of Analysis 1.25/2
#club5050/ #club75/ #club100 1/1
Clarity of language and structure 1.25/1.5
Total 8/10

Feedback/Suggestion on your Choice of Asset

Ethereum is an Altcoin that has refined the crypto ecosystem with its compatibility with smart contracts. You made a good choice.

Feedback/Suggestion on your Trading Method

Your trading method is not quite good on this. Remember, the market was extremely reversed towards downtrend at that moment, you could have waited for a higher low and bullish candlesticks towards uptrend again. It's not ideal to place buy entry using a bearish candlestick, the downtrend might continue at that point. SAR indicator is not enough to make decisions in such a market condition. Take note.

Recommendations

Improve on your trading method.

Total| 8/10

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