Steemit Crypto Academy Contest / S19W5 [SUMMARY]: Spotting Market Reversals with CCI

Edited By PhotoFiltre & Canva

Hello Steemians,

Welcome to the weekly edition of our competition, organized by the Steemit Crypto Academy as part of the Steemit Engagement Challenge (SEC) Season 19. For this fifth week, from August 5 to 11, 2024, we explored an exciting and relevant theme: Spotting Market Reversals with CCI.

This topic allowed us to delve into the various strategies and indicators used in the market, focusing particularly on the Commodity Channel Index (CCI) as a tool for detecting potential market reversals. Understanding these concepts is essential for making informed trading decisions and maximizing profits in the volatile cryptocurrency market.

During this week, our participants showed exceptional engagement and in-depth analysis in their contributions. Through various articles, discussions, and case studies, they explored the intricacies of using the CCI indicator and shared valuable insights.

This report presents a roundup of the best submissions, innovative ideas, and insightful analyses shared by our talented members. It also highlights the importance of understanding these indicators to navigate the complex and ever-changing cryptocurrency markets.


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Participation statistics

During this week, we received a total of 8 entries. All entries were valid and free of plagiarism, showing a high level of compliance with the rules:

Total number of entriesInvalid entryPlagiarized content
800

We are particularly satisfied with the quality of the valid contributions.


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Score Distribution

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Performance Distribution (%)


A significant number of entries, 37%, were rated as excellent. This demonstrates the participants’ in-depth understanding and analytical skills regarding the topic. A substantial number, 63%, were rated as good, indicating that many participants had a strong command of the topic.

The distribution of scores and performance indicates a high level of engagement and quality among participants. The majority of submissions were of good to excellent quality, demonstrating participants' strong understanding and analytical skills in mastering the use of the CCI for spotting market reversals. As we move forward, it will be important to continue to encourage original and thoughtful contributions while ensuring compliance with the competition rules to maintain this high standard.


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Top 3 users this week

In our evaluation process, we first assessed the quality of participants' performances, focusing on their interactions with other competitors.

To choose the top three participants, we took into account their performance scores and how they interacted with others. Additionally, we have made a special selection based on an outstanding article that provided exceptional content on the topic of discussion. Here are the three participants we recognized this week:

RankingUsernameArticle
1@stream4uLink
2@simonnwigweLink
3@aneukpineung78Link

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Conclusion

We are extremely pleased with the participation and quality of submissions this week. Despite the relatively low number of entries, the overall trend is positive, and we look forward to seeing even more participants join our future competitions.

These findings highlight the importance of continually encouraging original, well-thought-out contributions while avoiding plagiarism and misuse of AI-generated content. Together, we are building a stronger, more informed community, ready to meet financial market challenges with insight and confidence.

We thank all participants for their outstanding contributions and look forward to future editions of our competitions, where we will continue to explore relevant and enriching themes.

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 12 days ago 

Owww waww...
Congratulations for all the winners...
@stream4u @simonnwigwe and sahabat dan abang geutanyoe bersama @aneukpineung78 ....
💐🌸☺

Thanks.

When can we explore STEEM-based DApps? That looks like an interesting subject.


source

Congrats @simonnwigwe, @aneukpineung78. Your ability to accurately use the CCI to identify market reversals is extremely outstanding. You have established a high standard for comprehensive analysi and creative approaches.

 12 days ago 

Wow 😲 congratulations 🎉 guys.

conguralation to all winnner

Congratulations to all well deserved winners.

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