DOT respecting 20MA and FIB circles?
Here’s an observation and by no means a crystal ball.
DOT seems to be getting rejected by the 20 Day Moving Average. It is also has a good track record of respecting the FIB circles.
Looks like it could either trade sideways around 4.19 (retracement line 1) or we could see a further drop to to around 3.60 (retracement line 2).
Either way, it looks like a big move coming in the next day or so when we cross the next circle on my chart.
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This is for educational and discussion purposes only. NOT FINANCIAL ADVICE, do your own research etc.
‼️ Please don’t take my comments or charts as financial advice, or otherwise… IF ANYTHING, I’M USUALLY WRONG 😉