$DOT daily view

by David

$DOT is consolidating underneath resistance at 0.618 fib ($19.31), however there is a bearish divergence which formed, so rather waiting for $DOT to reclaim and retest $19.31 level before entering a new position. Indicator buy signal / entry level was at 0.786 fib ($11.06) and decided to exit the trade at 0.618 fib ($19.31).