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🌟ATLAS- Bullflag breakout #METAVERSE

Long
FTX:ATLASUSD   ATLAS / USD
The price recently broke out from bullflag but the pump didn't last long as high selling pressure stopped it at 0.171x(red local level). The price then found support at 0.151x(green local level). Entering at current price isn't ideal as the price is neither at resistance nor at support kind of consolidating between levels, so it would be praying for luck. Typically in those kind of situations the price will usually follow the next given impulse from the market (from btc /eth) If the price goes lower, we could possibly get a decent entry in the area of 200EMA(4h), second local support (0.139x) and key level (0.136x) --- highlighted white area

Targets (look at the marked levels on the chart):

0.1937x
0.2211x
0.2459x
0.2602x
0.2807x

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About ATLAS:

Star Atlas is a massive multiplayer online game that takes place in a virtual gaming metaverse. It is being built on Unreal Engine 5, allowing the game to feature cinema-quality, real-time environments. Star Atlas takes place in a futuristic science fiction setting in 2620, where three major factions have emerged and are competing for resources and control: humankind, a consortium of alien races and sentient androids.

The game combines different genres. It is part strategy in that you have to develop tactical plans of action on how to interact with other players and factions. Part of it is exploration, as the game features an abundance of stars for exploration and exploitation. Since players can travel to and explore these stars independently through first-person flight, it is in part a flight simulation. Lastly, players can mine resources and derive revenue streams from doing so, making it also a role-playing game.

After choosing a faction, players initially start in faction security zones without combat to explore basic gameplay. Later, they can venture out to medium-tier security and open gameplay where combat is possible.

Fundamental gameplay pillars are: * Deep space exploration; * Combat; * Building space stations and ships; * Choosing in-game professions to mine resources; * Forging alliances to scale control of resources.

Assets acquired in the game can later be exchanged for real-world currency.

Star Atlas was announced in January 2021 and is being built on the Solana blockchain. It is backed by several Solana-based projects, such as Serum, a decentralized exchange, and FTX, a centralized exchange. Although Star Atlas doesn’t have a detailed release schedule, its metaverse tokens are scheduled to begin trading in August 2021.


Source: coinmarketcap