There are two possible scenarios green and red paths.
0.6562 would become a support or resistance.
If it resist a cup and handle pattern would be possible otherwise a breakout and retest will occur with higher high.
The possibility of a resistance is more because of high funding rates.
Just an possible idea.
Total value locked in the curve finance is increasing too.
There is a prominent cup and handle pattern in the daily charts.
I have entered some long positions in CRV. This chart is just an expression of possibly trajectory for CRV in the coming weeks.
ATOM has been consolidating in a range for more than 6 weeks.
Gravity Bridge Testnet will be live soon this month.
Chart is an idea for mid term trade.
Funding rates are high now so hope the entries gets filled and we could see a move up.
Two possible entries are :
Take profit at :
24.506 - 25%
26.550 - 25%
37.325 - 50%
ONT is network is an alternative for the ETH and BSC. Dapps are being built on ONT. OpenOcean, Unfi, etc are using ONT network and more are integrating ONT.
This is just an idea of the ONT chart on daily timeframe.
I will add ONT if it get dipped or when it retest the resistance area as support.