If DOT can bounce from the fib trendline (green circles) there is a potential for a big swing upwards until mid-march.
Order cancelled:
DOT has breached the fib trendline which serves now as resistance. If DOT can not get above the fib trendline(green circle) and red downward trendline it can fall down to $21.75.
Trade active:
Above fib trendline and breakout above downward trendline. Target is in play again.
Comment:
Order cancelled:
BTC will probably make a significant move down before leveling and giving alts like DOT a chance to climb again.