PLUME: Trader Takes Position Ahead of Breakout
PLUME at $0.01 tests resistance as @CryptoMichNL enters position expecting heavy breakout, with 4h chart MACD golden cross and neutral RSI supporting momentum.
SourceAnalysis
PLUME remains one of the charts yet to break higher, prompting @CryptoMichNL to take a position ahead of an anticipated heavy breakout while price retests resistance.
With PLUME price prediction models now factoring the current $0.01 level where EMA50 and EMA200 converge as structural support, the MACD golden cross at 0.0 confirms bullish momentum even as RSI(14) sits neutral at 64.8; price trading inside the Bollinger Bands points to a measured advance toward the $0.01 upper resistance before any healthy retracement to the 50-EMA confluence.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast