$ATLAS - Wave 5 RallyCan see a clear 4 wave count & breakout of abcde correction.
Log scale 1hr tf. 265% move with the trend-based fib extension to the 1.618.
55m mcap gem, huge community and product game already listed on epic game store in beta. Recent update looks good, and they hired new marketing manager.
Atlas
Atlas Air $AAWW - Buying the breakout.NASDAQ:AAWW
Stock is trading at all time highs with a strong push through previous resistance at around $75. Current macro (e.g. global supply chain issues) and seasonality factors (Christmas) should give a strong tailwind to this stock leading into 2022 and the next Earnings Report February 2022.
Average price $79.92. Target price $96.
ATLAS - Star AtlasStar Atlas is a metaverse introducing a unique gaming experience by harnessing the power of traditional core game and blockchain mechanics.
coinmarketcap.com
staratlas.com
staratlas.com
PARTNERS & BACKERS :
SINO CAPITAL
REPUBLIC CRYPTO
ANIMOCA BRANDS
LD CAPITAL
YIELD GUILD
SPARK DIGITAL CAPITAL
etc.
Star Atlas Hybrid Pair
TLDR Atlas is inflationary, Polis is not.
Lots of signs (range breakdowns, failed breakouts, SFP's, 21W EMA, etc.) pointing towards Atlas continuing to lose ground to Polis.
With such a volatile market, this seems like a good spread trade (short Atlas, long Polis)
Wicks/volatility of pair covers a lot of ground, so play it safely.
Expecting breakdown back into original range from last year.
Star Atlas - Bull Flag Below ResistanceATLAS is consolidating in a bull flag below strong descending resistance. More times than not, this leads to expansion through resistance on increasing volume.
You do NOT buy this here if you are looking for a trade. You wait until a clear break of both the small flag and the blue descending line on increasing volume.
Areas of likely support and resistance are marked as lines and zones, and can be used as targets and entries, as always.
ATLAS is one of the most ambitious play to earn gaming and metaverse projects in existence, and one that I invested in from the beginning and have never sold. I have ridden it all of the way down, because I believe in the long term potential. This is likely a multi year hold for me, and I am not trading it.
ATLAS Breaking the downtrendHey, friens!
Hopefully, we all will have a wonderful and profitable week.
It looks like there will be a down-trend break in the ATLAS chart, but the candle close has not happened yet.
The volume and candle size of the breakout will be important, following it will help in taking a position.
It might be good to consider the pull-back possibility as well. Values and RR can be shown on the chart.
Candle closing under the falling channel can be considered as a stop area.
Disclaimer,
It does not contain any investment advice, I am in no way responsible for the profit and loss that may occur against the purchases and sales of individuals.
It has been added to improve myself, follow my analysis, and develop a strategy.
ATLAS at support#ATLAS/USDT
$ATLAS is at support zone that is the same with descending support line.
as we can see divergence between price and RSI, price can head up to resistance zone between $0.998 and $0.1117, that is the same with descending trend lines.
break out from this resistance can increase price to next resistance around $0.1286.
rejection from resistance zone can drop price to support around $0.0728.
break below descending support will invalid this analysis.
POLISIt's a good price for accumulation. This month DAO should be launched. About it: Provide users with the ability to participate in Star Atlas governance via the DAO. Initial feature set will enable user staking to a variety of contracts, both short term and long term, and earn yield along a yield curve based on the maturity of stake. Additionally, users should be empowered to submit proposals and exercise voting rights on public proposals.