Plutus' Pluton token (PLU) looks ready to break out of a recent downtrend. Fib retracements seem to correspond with previous levels of support and resistance and hint at targets up towards the $40 mark. This seems feasible, though adoption coming from a release of their card in the US market could potentially see it far exceed this level.
Pluton (PLU) is trading at the very low now. indeed this may look like an opportunity. but we never know .. this looks like a bottom.. but what if.. is not! for PLUTUS Card Project Holders and Adopters this may be important. i like to watch the card projects mission and roadmap and... see who is the best! Places where PLU is traded: Coinbase Exchange Coinbase...
Lowest Market Cap on Coinbase, is ACTUALLY a real project with a good team. In a descending wedge which is pretty bullish. TP is 8.00. Will bounce between now and the 15th. If you're selling this now you're most likely selling a short term bottom.
Altered the triangle pennant slightly. The RSI has been making higher lows constantly since being listed on Coinbase. Has the lowest Market Cap on CB. Very Bullish setup unless BTC goes full Bear Market. I feel BTC is just about done with its bear trend so we should see a reversal soon.
Target Price is around 11.50. This thing can't go much lower. We reached the TP of the last triangle and I am expecting the same with this one. Some people are saying this is going to 5 dollars but I firmly believe that the dynamics have changed the moment this went on the biggest coin exchange on the internet (Coinbase). IF BTC can stop dumping but who knows when...
After speaking to one of the team members of Pluton on Twitter I can say my thoughts of this coin have changed. Safe buy at these levels. In descending wedge that will apex SOON.
Another risky play in the sh*t coin lottery, but if if continues to go, looks like nice gains. Appears to be a local bottom, you scalp until you long yeah? This is a so slow moving dog but if it starts getting past 10% in tradingview, folks may start to pile in. Again, I have zero risk tolerance so if your managing risk, always wait for confirmation. Have a nice day ":^)
So when this coin was listed on Coinbase it had a listed Market Cap of only 13 Million with a 4% Circulating Supply.. It now displays a 24 million dollar MC with 9% of the Circulating Supply.. Now, I talked with one of the higher ups with Pluton on Twitter and they said that this was a "mistake" and that the circulating supply was always 9%. Obviously I have no...
$PLU is currently in a descending triangle. I actually don't feel like it is going to complete it. This coin likes to get hot at weird moments. If a breakout occurs it will most likely not run higher than the green areas I have charted. And if it does breakdown I don't expect it to drop more than around 8%. The 12$ area was its support a long time ago and feel it...
Breakout & Retest for Plutus. Great project with a real world use case that could change the financial sector. Plutus is a low cap gem which has been picking up the pace recently with some big names showing their love for the project. Expecting fireworks for this cryptocurrency in the coming months $PLU KUCOIN:PLUUSDT
Plutus has had a breakout and retest of descending channel, looking ready to retest previous levels and potentially breakout. Very big believer in $PLU long term strong fundamentals and great team.
Ivan on tech play Small cap crypto card payments play Bounce off support. AO bullish divergence RSI trend break and parSar reversal on 1 hr chart. Spec play