Steemit Crypto Academy Contest / S23W2 [SUMMARY] : Technical Analysis Strategies for Crypto Trading

in hive-108451 •  2 months ago 

Introduction

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Edited with Canva

Dear Steemians,

Welcome to the second week of Season 23 of the Steemit Learning Challenge, where participants explored Technical Analysis Strategies from February 24, 2025, to March 2, 2025. This competition challenged participants to master technical analysis, a fundamental aspect of trading, and develop innovative strategies based on market trends and indicators.

This report presents participation statistics, highlights top contributors, and provides insights from this week’s submissions.


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Participation Statistics

A total of 7 valid entries were received, demonstrating the participants' dedication to understanding and applying technical analysis. Below is the breakdown of this week’s submissions:

Total EntriesValidExcellentGoodAcceptable
77232
  • 2 entries were rated Excellent, showcasing in-depth analysis and well-structured strategies.
  • 3 entries were rated Good, providing solid insights with minor areas for improvement.
  • 2 entries were rated Acceptable, meeting minimum criteria but needing further refinement.

score distribution.PNG

Score Distribution

performance.PNG

Performance Distribution (%)

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Performance Evaluation

Participants analyzed various aspects of technical analysis, addressing key areas such as:

  1. Trend Analysis & Chart Patterns

    • Submissions demonstrated knowledge of trend identification and key price action patterns like triangles and double tops.
  2. Technical Indicators & Decision Making

    • Participants applied indicators such as RSI, MACD, and Moving Averages to real-world trading scenarios.
  3. Strategy Development & Risk Management

    • Entries included complete trading strategies incorporating multiple indicators and risk management techniques.
  4. Real-Life Applications & Lessons Learned

    • Some participants reflected on past trading experiences, offering valuable insights into the effectiveness of technical analysis.

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Top 4 Winners

The following participants stood out with their exceptional submissions:

RankingUsernameArticleScore
1@mohammadfaisalLink8.7/10
2@ashkhanLink8.6/10
3@luxalokLink8.3/10
4@kinkyamieeLink8.2/10

@mohammadfaisal delivered an outstanding submission, demonstrating deep insights and a well-structured trading strategy. @ashkhan, @luxalok, and @kinkyamiee also provided high-quality analyses, effectively applying technical analysis principles.


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Conclusion

The second week of Season 23 emphasized the importance of Technical Analysis in cryptocurrency trading. Participants demonstrated strong analytical skills, reinforcing the effectiveness of using indicators and chart patterns to optimize trading decisions.

Congratulations to all winners and participants for their valuable contributions. Your insights continue to strengthen the Steemit Crypto Academy and help traders refine their strategies.


Stay tuned for the upcoming challenges, where we will continue exploring advanced trading techniques and blockchain applications!

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@tipu curate

;) Holisss...

--
This is a manual curation from the @tipU Curation Project.

Thank you for this honor. Congratulations to other winners.

Дякую ) ☀️☀️☀️


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