Chart provides common supports and resistances based on fibonacci and price action. The evaluation for DOT is a healthy bullish sentiment with very minimal touch points in the bear market which confirms that a lot of people are very interested in buying this coin which prevents it from being there in the first place. In this case, one should take advantage of a buy order in that region since there is a high probability of it bouncing to the upside until proven otherwise by future data in terms of manipulation, bad news, etc.
Even though the market for this coin is healthy, one should not be too hasty in entering positions since there will be better positioned opportunities for a good long.
Even though the market for this coin is healthy, one should not be too hasty in entering positions since there will be better positioned opportunities for a good long.