DOT - Potential long postion

DOT has shown very strong support at the 41 region, currently on it's 3rd day sitting on this support line.
This in itself can be a good potential buy zone, but I would wait for BTC to rebound first before buying.
If this move plays out we can see DOT rmoving back up to it's previous ATH of 55.

If Dot closes below the current support the next support could be around the 37 region. Set a stop loss in case we break below 37.


DOTfibFibonacciLONGpolkadotSupport and Resistance

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