Hey dear friends, hope you are well and welcome to the new trade setup of Stellar ( XLM )
On a weekly time frame, after accumulating above strong support of $0.255 the priceline has moved up. Now XLM is re-testing the EMA 21 after breaking it out and there is also bullish divergence flashed, as the priceline is forming lower high, but the RSI has formed higher high.
Re-entering the wedge:
On a weekly time frame the priceline is bounced by weekly 100 SMA support and trying to re-enter the big wedge .
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
