MATIC - Is this a good time to buy?

29 Des 2021

A few days ago, MATIC broke through the level of the previous all-time high. But as we can see, it was a false breakout, after which the price went under the level. It is worth pointing out that MATIC is globally in an uptrend, making higher highs and lows, which is a good signal. As long as this trend is unbroken, it is worth looking for good buying points. In case of a return, a squeeze, and a breakout of a key level, there could be a good buying opportunity.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.