Stellar Lumens XLM Big Double Bottom With Bullish Divergence Flashed

Hi friends, hope you are well, and welcome to the new update on XLM .

Broadening wedge:

On a 4-hr time frame, XLM has reached the resistance of broadening wedge:

Falling wedge and bullish divergence:
On a daily time frame, Stellar has bounced from the support of a falling wedge . There is also bullish divergence flashed, as the priceline is forming lower low and RSI is setting higher low.

Double bottom formation:
The priceline is also forming a double bottom at $0.18 support.

Conclusion:
If the priceline of XLM breaks out broadening wedge , on a 4-hr time frame, then there will be a high probability for the breakout from the bigger falling wedge pattern.

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