Star Atlas DAO (FTX: POLISUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, POLIS began a red wave one advance on September 2, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 4, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on June 15 this year. If this wave count is correct, POLIS should be heading next towards the September 4, 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Star Atlas is a next-gen gaming metaverse emerging from the confluence of state of the art blockchain, real-time graphics, multiplayer video game, and decentralized financial technologies. Metaverse Investor reviewed the project two weeks ago.
(Sources: https://staratlas.com/)
How Will Star Atlas DAO Trade?
Star Atlas DAO (FTX: POLISUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
POLIS will takeout the May 13 peak
POLIS will drop below the June 15 low
POLIS will stay in a trading range between the June 15 low and the May 13 peak until August 25
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POLIS will drop below the June 15 low
POLIS will stay in a trading range between the June 15 low and the May 13 peak until August 25
Correct. Upvoted your post:
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POLIS will drop below the June 15 low