Quote from: Cryptomechanic on November 28, 2021, 09:36:06 AM

Quote from: Etranger on November 24, 2021, 04:24:56 PM

If we look at the day chart, we can see, that the price broke the resistance level, which was on 1.8 (the line of falling tops of a downtrend). After that, there was a small expected pullback, after which, I think, there will again be a test of the resistance line. If the price breaks through it again, a significant increase is expected. 1.66 - 1.73 can be considered as a good entry spot.

Im going to buy some today is it worth it or i need to wait more.

I believe, that after a slight pullback in recent days, the support level formed at 1.5, and the resistance line at 1.7. It is necessary to break through the resistance line for further growth and possible establishment of new ATH. Fundamental indicators show this likelihood. For example, MATIC achieved new exchange listings and partnerships (Spanish exchange Bit2Me announced its listing on the platform) and also focused on NFT. With all this in mind, I would wait for the breakout of the resistance line in order to be convinced of a new bullish wave and buy at the breakthrough point.