Falling Wedge- Bullish - UpdateCHPT still hovering right above oversold territory on the RSI, however, has been holding a massive falling wedge for quite some time now. By no means is this a short term play, regardless, will be looking for a breakout from this wedge- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on - Bullish long **(See Previous Charts Below)**
- Nearing the oversold range on the RSI (Slight bullish divergence on shorter timeframes)
- Bollinger bands squeezing
- Massive Falling Wedge
- Good long-term entries
PT1- $21.67
PT2- $24.09
PT3- $26.65
1-Hour Timeframe
Previous Charts-