Stellar Lumens XLM Is Re-Entering The Big Wedge

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 .

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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.