PLU 12hr Chart $1 LevelThis one has caught my attention at this attractive $1 level and the chart seems to suggest a strong bottom to work with, anything lower is even greater discount.
Entirely speculation based on price action only, Dont know if this has any fundamental strength but at $1, im willing to take the risk.
Good luck to you! NFA
PLUUSD trade ideas
$PLU Potential Gem
Price Structure & Key Targets:
Current consolidation near historical support levels
Key resistance levels identified at $2.60, $4.30, and $7.00
Low market cap suggests potential for increased volatility
Technical Considerations:
RSI showing oversold conditions below 30
Low trading volume may amplify price movements
Historical price data suggests strong reactions from current levels
Risk Factors:
Significant technical damage from recent downtrend
Limited liquidity could affect entry/exit execution
High volatility expected in either direction
Trade Setup:
Primary resistance: $2.60
Secondary target: $4.30
Extended target: $7.00
Suggested stop loss: $1.00
Plutus PLU: FIBS and FundamentalsPlutus' 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 DEBIT CARD 4 CryptoPluton (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 Exchange
KuCoin KuCoin
Uniswap V3 (Ethereum)
AscendEX (BitMax)
Huobi Huobi
Pluton: A Not so Obvious TradeAltered 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.
Pluton: A Pretty Obvious TradeTarget 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 that will happen lol.
Pluton: My Opinions Have ChangedAfter 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.
PLU risky play for today 2022:02:99 17:22:00 UTCAnother 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 ":^)
Pluton, the Good, Bad, and SadSo 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 idea what goes on behind closed doors. From a psychological standpoint, people who thought the coin was twice as scarce on the most mainstream exchange (Coinbase)... Well, they're most likely going to sell off because it APPEARS that they slowly have been dumping more coins into circulation. I don't know if thats the case but it doesnt matter because again, IT APPEARS thats what happened.
After briefly reading the summary of how they intend to release new coins via community voting I wouldn't buy this coin. I wouldn't recommend ever buying this to be perfectly honest.
The fundamentals are.. really bad with this token. Essentially, the Pluton Token is used as a reward incentive and users who use their Pluton card get cash back, or Pluton.. Basically, you're just buying a token that is used as a reward for users. If Vista or another credit card asked you to invest in Vista Rewards would you? No, because why would I want to buy rewards. Just because its crypto rewards doesn't mean it gets a free pass. If your really want something with more utility or fundamentals buy CRO. It's like Pluton but not as bad lol.
You can make money trading this, but please don't HODL this thing, it has a long history of pumping, dumping and once everyone has forgotten about it a year later it pumps and dumps again. More users will see the "error" in the listing and dump the coin. This isn't a good spot for Pluton.
$PLU/USD Descending Triangle$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 will hold there for a bit anyways.
PLUTUS $PLU 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