Stellar Lumens XLM Final Hours To Break The Triangle

Hey friends, hope you are well and welcome to the new update on Stellar ( XLM )

XLM broke down the wedge:

On the weekly time frame, XLM has broken down a big wedge but the positive thing is that the stochastic has entered the oversold zone which is indicating that the market of Stellar is oversold now.

Another support:
On the daily time frame the XLM has found nice support at $0.255 and also likely to form a double bottom on this support.

Formation of a channel and triangle:
On daily time frame the priceline has formed a down channel and after some accumulation Stellar has also formed a descending triangle as well. The movement is squeezed, therefore, soon the priceline can break this triangle.s

Don't forget to upvote/tip and share the post, thanks

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.