Long

XLM ascending triangle

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There are two ways this could go. A slight bullish divergence in hourly RSI + the last bounce off the bottom of the triangle (which is also the 89 MA) make me lean bullish, but it's getting late. We'll know pretty soon.

Note

Bounced off the top and broke down. Likely more downside to come.

Note

The triangle continued to develop and broke out to the upside on a 4H chart, followed by a pullback. Looks very strong.

trianglescrypto

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