bitsofwealth
bitsofwealth
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bitsofwealth

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Crypto
Short Term
Commodity

Primarily crypto focused analyst and trader that also dabbles in US stocks, commodities and futures. I use weekly & monthly charts to build my levels, daily and 4hr to identify trends and ranges, 15min to execute trades. Buy/sell volume, visible range volume profile, pvsra candles.

183Posts
75Comments
66%Best ROI
bitsofwealth
Public Post

$PENGU Long Idea

Another chart that I am watching for either a sweep of the lows or a push higher and then pull back for entry.

One thing to note about PENGU is that it has already swept previous month low (PML).

$PENGU Long Idea Another chart that I am watching for either a sweep of the lows or a push higher and then pull back for entry. One thing to note a...$PENGU Long Idea Another chart that I am watching for either a sweep of the lows or a push higher and then pull back for entry. One thing to note a...
bitsofwealth
Public Post

$ALGO Short - Bit of a degen play here so doing it with smaller size and risk. Clear invalidation above the recent high.

Bought 100%

Closed out the position entirely now.

Algorand analysis
Algorand

Algorand

14 Apr

CLOSEDSHORT

Invested Capital

0.1%

Selling Price

0.1215$

Buying Price

0.1125$

ROI

7.43%

$ALGO Short - Bit of a degen play here so doing it with smaller size and risk. Clear invalidation above the recent high.
bitsofwealth
Public Post

$ALGO Short Update - Took 75% of the trade off after TP1 and still holding on to the remainder as we approach TP2.

I will be leaving a runner on, even after taking another chunk off at TP2.

This has been a long hold but its still playing out as we originally thought it might.

$ALGO Short Update - Took 75% of the trade off after TP1 and still holding on to the remainder as we approach TP2. I will be leaving a runner on, e...