Decoding Steem/USDT: A Thorough Day 1 Analysis on "{{28-DEC-2023}}"

Steem/USDT Analysis

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Steem demonstrates a strong bullish trend. However, two points of interest (POIs) are worth noting. The first entry lacks satisfaction due to an inadequate risk-reward ratio and the absence of a proper stop loss (SL). If an SL is applied, it would result in a substantial SL size.

Conversely, the second entry appears more promising, offering a smaller SL and a larger take profit (TP). Therefore, exercising patience in trading is crucial. Waiting for the opportune moment is imperative in our approach.

As a newcomer to this community, this marks my Fourth post. I'd be immensely grateful for your backing if you find my analysis beneficial. Your support holds significant value for me. - @steemcurator01 @steemcurator02 @pelon53 @kouba01 @steemdoctor1 @crypto-academy

Thank you for visiting my post; I truly appreciate your presence!

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Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.

Hello dear, please don't make this kind of posts especially in the SteemitCryptoAcademy. Moreover, it is not good practice to mention the sc accounts or any other Steemian unnecessarily.

@shahid2030 - you should guide this user how to make good quality posts as he is had been referred by you. Thanks!

Oh Soory sir Next time i will be very careful

Good analysis

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