Pluton (CoinMarketCap: PLUUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, PLU began a red wave one advance on March 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 10 and the red wave two (blue sub-waves a-b-c) correction ended on October 10. If this wave count is correct, PLU should be heading next towards the August 10 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
Plutus combines a bank account with a cryptocurrency wallet. Boxmining interviewed the co-founder back in October.
(Sources: https://plutus.it/)How Will Pluton Trade?
Pluton (CoinMarketCap: PLUUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
PLU will takeout the August 10 peak
PLU will drop below the May 19 low
PLU will stay in a trading range between the May 19 low and the August 10 peak until January 11, 2021