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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👽TLM still behind- METAVERSE MANIAThe price reached the dynamic resistance and is now trying to break out from the symmetrical triangle. If it gets rejected, we can expect to see a bounce from one of the support levels inside of the formation which could potentially give some entries.
TLM is associated with gaming, nfts and the metaverse stuff which is currently on a massive hypetrain, yet TLM seems to be lagging behind (I don't know if this project sucks or something, haven't done any research)
Entry: buy at current price (0.27) --small amount!!-- (buying into resistance!!- very risky) or/and buy at one of the support levels inside of the formation in case the price goes for a deeper pullback. (green areas)
-- PS. The only reason I consider buying into resistance an option is the current hype, otherwise I'd never do that --
Long-term targets:
TP1: 0.3324
TP2: 0.3708
TP3: 0.4193
TP4: 0.4924
TP5: 0.6978
TP6: 0.8900 (~270%)
TP7: OPEN++
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About TLM:
Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).
Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.
Source: coimarketcap
Strong uptrend momentum after the Polkacity video demo launchThe Polkacity project is a Metaverse-related initiative that was just launched. It's a virtual metropolis where users can engage, perform activities, and purchase goods using NFTs.
On October 30th, the game's first video was published to YouTube. Despite retracing it, the token linked to the game Polkacity (POLC) has continued to rise.
The POLC coin is used to purchase NFTs within the Polkacity metaverse ecosystem.