XLM has bounced from the support of triangleHi friends, hope you are well, and welcome to the new update on Stellar ( XLM )
Weekly support and SMA:
On a weekly time frame, XLM is still moving below the support of a rising wedge which has turned into a resistance. But we have a nice support of 100 SMA and price support of $0.255.
Triangle:
On a daily time frame, Stellar is nicely bounded by the support of a descending triangle. Now if the priceline breaks out the resistance, then XLM can re-enter the big wedge on the weekly time frame.
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