Stellar (XLM) update, bullish resumption (short & simple)

Notice the active session, it has a long lower wick that went below 0.148 Fib. ($0.178) followed by a very strong recovery. This is a shakeout and this is one of the strongest possible bullish signals.

XLMUSDT (Stellar) already produced a major breakout from its four months long sideways trading range. This breakout was supported by the highest volume in years. Then we get the classic retrace and it all ends with the move that I just described.

I have to keep it sweet, simple and short: The current chart and price action points to a bullish resumption, additional growth.

The "very easy target" on the chart is set to be challenged next. This is the minimum level on a rise and should hit right away. It can be weeks or days but we go higher... And not only XLM, this bullish development is valid for the entire altcoins market.

Thank you for reading.

Namaste.