Crypto Contest December 5: Pluton

in blurtcontests •  4 years ago 

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.

(Unsupported https://www.youtube.com/embed/kps1_fvUjCc)
(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.

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

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PLU will stay in a trading range between the May 19 low and the August 10 peak until January 11, 2021

  ·  4 years ago  ·  

PLU will stay in a trading range between the May 19 low and the August 10 peak until January 11, 2021

  ·  4 years ago  ·  

Correct.