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.
It seems likely that $BTC will retest 52K here, this will be a key level to hold. If $BTC cannot hold this it might start to look like a double top.
Waiting to see how Bitcoin reacts around the 52k Level. If we can bust through it and turn it to a resistance = Bullish. If we bounce off I expect we come back to the white line.
If we can get a 4 Hour close above this green line here I will be looking for a good entry to go long on a few alts across the board. If we drop back below this green line I will not be shorting but I will be flat across the board in USDT. Maybe we see 60K Soon....
Looking at the green circle for a $BTC bounce at the 38K-40K ZONE . This is the previous BTC top and parabolic line BTC has continued to abide by (white line). If we break below that line and close below it on the 4H I will be expecting us to go lower than 38k
We may see a small bounce here on the 200EMA, still expecting 38-40K to be HIT though.
Buying at the green circle. $BTC will be most likely retest its previous top and bounce off the white line.
$SXP Breaking previous highs confident this one will go $5+ Also check out $PLU a similar coin fundamentally with a significantly lower market cap and more potenital to run
Nice move up from $eth lately, looking for $eth to get established above the green line with a 4H close above, if not we may see a retest of the red line before continuation.
4th Retest of January highs, potential for a breakout here.
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