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RE: Steemit Crypto Academy Contest / S14W5 : Exploring STEEM/USDT Trading
Hello @sahmie, your explanation about how to combine RSI and moving average in taking a position in the pair of STEEM/usdt is very succinct.
That agrees with the idea of using two indicator tools to confirm whether an entry is ideal or not. When used efficiently, a trader can trade with less losses and will help to improve his risk management.
Overall, this is a good article. Wishing you the best in this contest.
Thanks for your kind words. I'm glad you found my explanation about combining RSI and moving averages in STEEM/USDT trading helpful. It's true, using multiple indicators can really help confirm if an entry is a good idea or not, and it's all about minimizing losses and improving risk management. I'm thrilled that you enjoyed the entry. Best of luck to you in the contest too.