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