Hello @tripplem , I’m glad you participated in the 2nd week Season 6 at the **Steemit Crypto Academy Trading Competition **. Your grades in this task are as follows:
Criteria | Ratings |
---|---|
Presentation / Use of Markdowns | 1.5/2 |
Compliance with topic | 1/2 |
Spelling and Grammar | 1/1 |
Quality of Analysis | 1/2 |
Originality | 1.5/2 |
#Club5050 | 1/1 |
Total | 7/10 |
Observations:
Cardona as one of the biggest blockchains was able to successfully use a POS consensus mechanism which consumes less energy than POW mechanism
What does POS and POW stands for? You can write this in full for your readers to understand what they mean.
Why did you choose line chart for your analysis? Also, it is risky to rely on the 1min chart for trading decisions, unless you are a scalper.
Furthermore, there are amazing features and drawing tools on Tradingview you can utilise to carry out your analysis and have a clean chart.
Recommendation / Feedback:
- The student have completed the requirements of this trading competition.
- The student also answered all the questions expected from the Coin/token traded.
- Your overall presentation is good. But you need to improve your writing skills and also work on your markdown styles.
- Though your trade was profitable, i'm not impressed with your chart analysis and i encourage you to improve.
Thank you for participating in this trading competition.