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RE: ZILUSDTPREP Buy | S6T4 - Team Trading Post for Fredquantum-Kouba01 Traders Team
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
Thanks professor @fredquantum for the review. Would make sure to make use of momentum indicators next time.