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RE: ZILUSDTPREP Buy | S6T4 - Team Trading Post for Fredquantum-Kouba01 Traders Team

in SteemitCryptoAcademy2 years ago
Dear @danielo. 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 1.5/2
#club5050/ #club75/ #club100 1/1
Clarity of language and structure 1.5/1.5
Total 8.5/10

Feedback/Suggestion on your Choice of Asset

Your selection of ZIL for trading today is good. This is one of the crypto projects that has improved on scalability in the ecosystem.

Feedback/Suggestion on your Trading Method

Your trading method is quite good on this. You have identified a strong bullish reversal but you could have used a momentum indicator to confirm the move, at the first candlestick, the RSI would have reached overbought and change direction a bit, using the next candlestick after that for your buy entry would have been ideal to ensure you have identified a valid breakout before placing your order.

Recommendations

Pay attention to a few corrections highlighted above.

Total| 8.5/10

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 2 years ago 

Thanks professor @fredquantum for the review. Would make sure to make use of momentum indicators next time.

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