Bounce on H1 support for Star Atlas (POLIS) tokenI attempt an entry on the Star Atlas (POLIS) token.
The H1 support is interesting, I put a stop loss just below the low to take a nice bullish move.
Star Atlas is a blockchain-based space exploration game that pits players against one another to build civilizations and galactic economies.
Players can acquire and sell in-game assets to mine resources, purchase equipment, and participate in deep-space gaming situations using the ATLAS token.
The Star Atlas crypto game offers a token called the POLIS token, which functions as the governance token for the main game. It also enables players to have influence over both in-game activities and changes to the rules of the Star Atlas cryptocurrency game.
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Staratlas
ATLAS/USD Star Atlas Support and ResistanceHello traders, this is my idea on ATLAS/USD support an resistance levels om the daily time frame.
1. Higher Low trendline.
2. Demand Area.
3. First Line of Resistance.
If the price holds the trendline we should see an attempt to turn resistance into support.
Rank #283
Volume 24H: $13,174,532
Thanks
POLISUSD (Cryptocurrency) - ELLIOT WAVE ANALYSISIntermediate wave (2) has already retrace 61.8% of Intermediate wave (1). It also has completed a three wave structure downward ABC, hence; I believe Intermediate wave (2) has already completed and we are now approaching Intermediate wave (3) - which I expect it to reach at least new all time high.
Atlas-USD | FTX - Breakout of Channel Target 0.10Hello Folks and Crypto Friends,
after a long way down to me it looks like we could take a breath for Atlas.
It´s breaking out of its downtrend channel ATM in 1h TF.
First, wait for the retest. EMA 50 Is supporting that breakout so i expect it works.
You can enter round 0.077 - 0.079
TP: 0.82 , 0.85 , 0.93, 0.102
SL: 0.742
So no financial Advice - Just my 0.10 Cent :)
DIOR
Good Luck and have fun!
DO NOT MISS THE BREAKTHOUGH OF METAVERSE; $ATLAS & $POLIS1. Both token were listed yesterday on FTX, Raydium & Serum DEX.
2. Atlas is an in-game currency, Polis is a governance or Decentralized Autonomous Organization(DAO) token.
3. First hour after listed, $ATLAS dominates the volume with 28.68M while $POLIS has a little bit lower; 26.75M.
4. As for now(28-hours later), $ATLAS has touched 1.618 fib extension, while $POLIS still struggling prior that level.
5. In term of circulation supply, $ATLAS has 21.6B, while $POLIS has 21.6M of tokens, the price action compared to its scarcity still do otherwise.
6. After one-day, $ATLAS 'fully diluted market cap' is almost similar to 'market cap' of $AXS (AXIE INFINITY), for a matter of perspectives.
7. If $ATLAS current market cap can push up to current $AXS market cap which is 17.7X from here (with 'upon launched' circulating supply), then the price will be around $2.1. That is 1,330% from here.
8. This is the first triple A s' crypto game, the first real-time graphics, powered by Unreal Engine 5.
9. Minigame expected to be released at the end of this month.
10. Star Atlas partners with Animoca brands, which also the backer of $AXS.
Which one token has the most potential?
As an investors, most potential means more demand. Based on fact listed above, people more interested to $ATLAS compared to $POLIS.
In short, you may regret if you missed out the moon shot to the space.