Profit takers are depending heavily on fibonacci lines to time the entries and exits, as DOT has so little previous price history to provide support and resistance levels. No matter how you draw the fib lines on the latest pump, they always line up with key highs and lows. The next Fib target puts DOT at $21, which is conservatively within reach should this altcoin cycle continue. #DOT
Dot was in a canal from 5 to 18 of Jan. now it is under this canal and approximately stabilized. if it backs to this canal again, then it will reach good points around 22 to 23 or higher.