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RE: BNB/USDT Sell | S6T4 - Team Trading Post for Fredquantum-Kouba01 Traders Team
Dear @dimple-gh. 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 | 1/2 |
| Compliance with topic | 1.25/1.5 |
| Consistency of method | 1.25/2 |
| Quality of Analysis | 1/2 |
| #club5050/ #club75/ #club100 | 1/1 |
| Clarity of language and structure | 1/1.5 |
| Total | 6.5/10 |
Feedback/Suggestion on your Choice of Asset
BNB is a native token of the Binance Smart Chain that has so many uses cases. You made a great choice but you have given a shallow analysis on the asset.
Feedback/Suggestion on your Trading Method
I'm not convinced with your setup, making sell entries with series of bullish candlesticks is not ideal, with indicator to even back the decision. Although, you explained why you choose not to combine any indicator but you can convince us with the reasons for placing sell entries in that kind of situation. Had it been you waited for a resistance at the closest former resistance, there won't be any question on your setup.
Recommendations
You should work on giving quality analysis that would leave no doubt for your readers. Thank you.
Total| 6.5/10