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RE: Steemit Crypto Academy Contest / S4W1 - Crypto Market Technical Analysis by @preye2 (#Burnsteem25)
As I went through the post I was able to agree with almost everything and as you shared your favorite indicator as SMA, it's a very basic indicator to use alone but combining it with other makes it much more powerful just as you do with other SMA to have DC. I prefer to do with RSI when it comes to trading using this.
Implement risk management strategies
This is damn important, very very, knowing the risk you're taking.
I really appreciate your post and good luck to you too for the contest.
Yes my friend the SMA indicator is a simple but powerful indicator, as it can be combined to produce accurate results. RSI is equally one of my favorite too and I love trading with it. Thanks for your remark and time here, I really appreciate ❤️.