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RE: CAKE/USDT Sell -Crypto Academy / S6T2- Team Trading Contest Post for Reminane

in SteemitCryptoAcademy2 years ago

Greetings @zekea, thank you very much for being a part of SteemitCryptoAcademy this sixth season.

Your grade on this assignment is as follows:

ParametersGrading
Originality1.3/2
Compliance with Topic1.3/1.5
Consistency of method1.5/2
Quality of analysis1.3/2
#club751/1
Clarity of structure and language1.5/1.5
Total7.9/10

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Remarks:

The initial information is very short, it explains a little more about the token, the project and gives some news about its current status and why you will trade with it, performs the fundamental analysis.

For this chart, the stochastic indicator was in the overbought area and this means a bearish trend reversal. After seeing this indicator, I sold my holdings of the token and placed a buy trade at the support level.

You should mark important points, some extra resistance and support on your chart. Take them into account to find a better point on which to open the trade, not only on the information provided by indicators.


Thank you @zekea for your effort in carrying out this publication, I hope to continue reviewing your future tasks.

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