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Star Atlas (ATLAS) and (POLIS)

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** An idea based on fundamentals and a little TA ** Please do your own research.

Late 2015 a new blockchain was made available for trading with a market capital that quickly grew to around 100m. That was Ethereum , Yours for 90 cents per token. 4666x later folks remain incredibly bullish . That’s cool. But another 100x? No way. 10x perhaps in some distant future. 3-4x has a chance in this cycle.

The successful price appreciation of Ethereum was not just a result of the technology on offer but also in part to the timing of the launch. Right on the door step of a significant bull market. I’m confident we’re not going to see another 2-year bear market following this coming market top. Perhaps 6 months at best.

There is now a handful of tokens in the space that are setting themselves up in almost an identical way to the early days of Ethereum . I’ll publish them as time allows, it requires a lot of study, team behind project, adoption levels, TA etc. If you missed out on the crazy moves of SHIBA INU / Aixe Infinity, this is for you..

The first genre that peaks my interest is in the Gaming / NFT space. Axie Infinity ( AXS ) has already shown the potential of how gaming / NFTs are interweaving. Especially as you consider the network effects, participants are everywhere even if they’ve never heard of Blockchain, they don’t need to.

The first Gaming / NFT platform that caught my attention is Star Atlas .

Star Atlas ( ATLAS ) is actually two tokens:

ATLAS , the in-game currency and POLIS the governance token. The focus of this idea is POLIS.

There’s such a lack of data to work with the above are 12-hour charts!

On the above dollar (left hand side) / Bitcoin charts price action has corrected 60%. Now is a excellent time to get long exposure. Why?

1) Price action has broken out of resistance.

2) RSI resistance has also broken out and confirmed as support.

3) The POLIS / BTC chart prints a ‘incredible buy’ signal following the breakout of resistance.

4) The 4-day POLIS / BTC chart (below) prints a dragonfly DOJI . Do not ignore.

Is it possible price action falls further? Sure.

Is it probable? Unlikely.

Good luck!

WW

The Bitcoin chart prints a ‘inedible buy’ signal.

4-day BTC chart