Pluton - Strong case, Easy caseNot much to talk about here. The case is very simple. This coin didn't experience a proper bear market, which is a massive sign of strength. Over the last few years, it slowly got more listings and is now listed on Coinbase, which means it could have the potential necessary liquidity to push it higher.
Unfortunately, its chart on Tradingview isn't the best because even the average price, as shown by Tradingview, includes price action of just the last year or so; hence it doesn't show the whole picture. Based on my holistic analysis, it looks solid and could have a rally higher at any moment. The downside is somewhat capped, and the upside is almost unlimited. The first target is near 22$, but I expect higher prices after a correction. Essentially the first 2x is easy, and anything after that is a gift.
On the chart, which is an extraordinary chart, I have added some potential paths for the price action. I always like to pay attention and trade coins that differ from the rest, as these coins provide the best opportunities. Depending on how you look at it, this multi-year consolidation could lead to a substantial expansionary move. Overall, I think 6.5$ is the lowest the price could so I would put my stop below it, but I find it unlikely that the 10$ support will break soon. If it does break, either buy lower or wait for the reclaim and then step in.
PLUUSDT trade ideas
✴️ Pluton | Unique Chart, Long-Term Growth/AccumulationPluton (PLUUSDT) has been printing higher lows since January 2021, this is the only Altcoin that I've seen with such a chart.
This long-term bullish accumulation phase is reaching its end, we are about to see the climax which can easily translate into a massive bullish explosion.
✔️ We have a strong weekly RSI.
✔️ Trading weekly above EMA10, EMA21 and EMA50...
✔️ A trade here is possible with a very tight stop-loss.
I don't know what type of project is this but it should have a working product or good promise with this type of chart.
Namaste.
PLUUSDT - Pluton Please Keep an eye on this one.
Let us see what price is doing.
1M time frame - Price is above the 20 MA from the continuously since july 2022 and this is the 4th month, when price is above 20MA.
- Also see bullish candle close last month on 20 MA
1W time frame - Price is trying to come up above 20 MA
- MACD and Histogram is also getting bullish.
- Down trend line also broke on weekly time frame
1D time frame - Price is already above 20MA
If price brakes and being closed above then 20 MA on weekly time frame then it could be quite bullish scenario.
This is not a financial advice. Please keep your own research as well.
Regards
Btschamp2020
$PLU1D:
* ADX > 25
* ADX > 50
* MA7 > MA25 > MA99
* Supertrend is long
* Price > MA7
* Chikou Span > Price
* Supertrend bullish switch
4HR:
* ADX > 25
* MA7 > MA25 > MA99
* MA50 > MA100 > MA200
* Supertrend is long
* Price > MA50
* Price > Tenkan Sen
* Price > Kijun Sen > Kumo
* Chikou Span > Price
* Kijun Sen acting as support
* RSI Hidden Bullish Divergence
Plutus: A million reasons to be bullish.International expansion.
Banking facilities to come.
Rewards of 5x greater value than CDC.
Referral system recently launched.
Limited supply with an anticipated supply shock.
The exponential increase in sign-up volume.
Metal cards, layer-2 & NFT support are in the works.
___
I'm probably missing something.... but need I to say more.
___
Plutus has been exceptionally stable over recent months, something that cannot be said about 99% of crypto assets. Plutus has value because it is built entirely on utility, not hype.
Not your keys, not your crypto - Do your own research.
PLUTON Trend-Analyze>>>>>>>>>>>>Hello EveryOne
As we can see PLU can break's descending channel with strong candlestick in daily time frame.
But like a before,spot and future trading are in the hand of robot's in exchange. that can preventing from rising price until now.
We can buy in top line on PLU descending channel's. Or market price.
SL could set around 8.3USD.
(((It's so risky coin for trading,
We must set first our SL & TP's.))))
Depends on the market PLU can hit 14.5-16.5 USD.
This is not financial advise.
PLZ DYOR.
With hopping success>>>>>>>>>>>>>
PLUUSDT Technical Analysis
⏳ Spot
💎 PLUUSDT after breaking above the descending channel, we saw several rejections at the support zone. The price hasn't gone to the Pullback zone and it seems that the bulls still are pushing the price higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 5.160
☕️ TP1 6.888
🍺 TP2 7.600
🍻 TP3 9.500
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 3.850
Good Luck 🎲
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What will plu do?Be aware I am a beginner at TA so no financial advise here. I just want to share with you what I have learned. Sometimes I want to apply it and see if the indicated behaviour will go that way.
First I drew the (super?) trend line, then a line which indicates a previous resistance. Assuming the price will follow the trend line (if BTC wants) and when it hits resistance it will break through the resistance. An breakout mostly is followed by a retest of support (previous resistance) with enough money it will then find the next level and than again. I have to high targets it does feel like a lot of movement but we shall see.
PLU , ANOTHER KUCOIN GEMMarket Cap
19,550,438 USD
Circulating Supply
851,999 PLU
Total Supply
20,000,000 PLU
Max. Supply
20,000,000 PLU
What is Plutus?
Plutus provides an alternative to modern banking and combines it with the ease of access to cryptocurrencies. Every time a user spends with their Visa Plutus Debit Card, they earn 3% back in crypto rewards (PLU).
The accompanying app consists of a UK Account or a European IBAN to manage fiat, and a non-custodial wallet to manage crypto. A build-in DEX allows users to swap between crypto and fiat.
These features combined allow users to manage/convert/spend/earn both crypto and fiat from a single app and card. Customers have the option of staking PLU to unlock additional rewards (up to 15%) at selected household brand names.
$PLU* Secure crypto-friendly finance app
* Enable millions to make use of their crypto-assets and spend at over 400 million merchants worldwide utilising the existing VISA infrastructure
* Low MCAP: $9,123,289
* Low Circulating Supply: %4
* Staying strong against BTC
* Bounced from 0.618 Fib level and bounced from 50 EMA.
* Bullish StochRSI Cross
* Bullish continuation flag