why don't I buy here? and why WILL I buy then?

By Emad | honarparvar | 21 Jan 2024


I have cashed out while ago from all my crypto positions, in to stable coins, and I wasn't very wrong since all of them started a side way range which can bother your mental health :)

to be specific I check and trade these: LINK, GMX, ILV, ORDI, KAS, ADA, MATIC, FET, ALGO and ETH

why I don't buy now and why do I believe very soon it will be time to buy back in?

I share some charts with you, and all of them has this thing in common: there is a liquidity formed in daily charts, and below it there is a demand zone. these two together are enough reasons for me not to buy before that liquidity is collected and the demand zone touched. after that there would be a big opportunity for above supply zones, since the weekly charts are still bullish and there seem to be proper hidden divergences in the dips of weekly chart.

take a look:

MATICUSDT

9767c466e10e31f412b9630bca38cdea0e761024c0a0a9d56b474712f8f8e37f.png

ORDIUSDT

15d2826460980427e3c52c5b08fec448c3b30161135c2e37e209b9b2552eec7e.png

GMXUSDT

7cbb515cea70ffffea10e84b6c4ee1e3e879ddedf4eef7149a6e237b3cb3ff31.png

ADAUSDT Cardano

34d959ab0dd6b5d3747170e990c9b30b0276ad9833a5a1a47afc662e601b7dbc.png

How do you rate this article?

35


Emad
Emad

youtuber, business developer and Crypto enthusiast


honarparvar
honarparvar

Writing is my addiction!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.