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RE: ALGO/USDT Sell - Crypto Academy / S6T4- Team Trading Contest Post for Reminane
Hello @zekea , I’m glad you participated in the 4th Trading Competition at the Steemit Crypto Academy. Your grades in this task are as follows:
| Criteria | Ratings |
|---|---|
| Presentation / Use of Markdowns | 2/2 |
| Compliance with topic | 2/2 |
| Spelling and Grammar | 1/1 |
| Quality of Analysis | 1.8/2 |
| Originality | 1.5/2 |
| #Club5050 | 1/1 |
| Total | 9.3/10 |
Observations:
The native token for the Algorand blockchain is the ALGO token.
ALGO is a coin and not a token. Tokens are digital assets built on already existing blockchain.
If you look at the chart above, price didn't hit my take profit level. My analysis weren't entirely accurate so I made some losses.
Your analysis was good. You could have secured partial profits or move your stoploss to breakeven.
Recommendation / Feedback:
- The student have completed the assignment for this trading competition.
- The student also answered all the questions in his/her own words.
- Your overall presentation is good.
- You did great chart analysis. Market don't always go in our favour. The most important thing is to maintain proper risk management.
Thank you for participating in this trading competition.