RE: Trading Steem with Elliott Wave Theory.

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Trading Steem with Elliott Wave Theory.

in hive-108451 •  9 days ago 
Thank you, @stream4u, for publishing an article in the Steemit Crypto Academy community today. We have assessed your article and present the result of the evaluation below.

Criteria Remark
#steemexclusive
Free of Plagiarism
AI Article ✅ Original (Human text!)
Bot free

Comment/Recommendation

Question 1:
Your description of the five impulsive waves is well-structured and provides a good understanding of the core principles of Elliott Wave Theory. The examples from the STEEM/USDT market are relevant, but enhancing the depth of the explanation would improve clarity.

Question 2:
You correctly identified the impulsive and corrective waves, using real-world examples from recent STEEM price movements. The analysis could be strengthened by integrating other technical tools, such as Fibonacci levels, to support your observations and provide more comprehensive insights.

Question 3:
Your explanation of the alternation rule is clear and useful for traders aiming to predict market corrections. The comparison between simple and complex corrections is well done.

Question 4:
The trading scenario you presented is logical and follows a clear strategy for each wave. To further enhance the analysis, more attention to risk management, such as discussing stop-losses or trailing stops, would add valuable practical insights for trading in volatile markets like cryptocurrencies.

Question 5:
Your current market analysis of STEEM is solid, and the use of technical indicators such as RSI and moving averages adds value.


Overall, your post covers the five questions effectively with relevant examples and well-thought-out trading strategies.

Total | 8.75/10

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Thank you.

Congrats, bro!