RE: Steemit Crypto Academy Contest / S20W1 [SUMMARY]: Trading Steem with the Wyckoff Method
All the participants did a great job exploring the wyckoff method. Each entry was wonderful and full of visual as well as textual explanation.
And it was a great chance to learn and dive deep in the wyckoff method using Steem trading.
All these articles can help the investors to get insights about the current trend and the upcoming trend of Steem. One can easily utilise these steps to analyse it.
It was really interesting topic to explore and personally I enjoyed it a lot while determining the different phases of the wyckoff method.
I learn and explore how accumulation zone works and similarly after accumulation zone how the markup phase occur.
Then the distribution phase where strong hands and smart investors distribute their holdings to the retailers and supply and volume of the tokens increases in the market which ultimately lead to the markdown phase.
I will be preparing my entry to the next learning lecture about the Elliott Wave Theory.
Thank You Steemit Team for this great opportunity to enhance trading skills in a great way.
Thank you 😊