DOTUSDT made quite a retracement to fibonacci level 61.80%, where it formed a price rejection in form of a long wicked red candle. It's approaching an Area of Confluence, where the fib levels, trendline and the daily s/r line is meeting. RSI indicates a bearish divergence. Looking for long entries after breakout is confirmed.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.