CHZUSD Giant Falling Wedge about to break upwards?

Chiliz / CHZUSD crossed today over the 1day MA50 for the first time in 2 months.

Even though that is a significant bullish signal, it is still not as strong as a potential break over the top of the Falling Wedge pattern would be.

As a result, a break over the Falling Resistance would target the 0.236 Fibonacci level and 1day MA200.

Buy when a 1day candle closes over the 1day MA200 and target 0.15000 (a little under the 0.618 Fibonacci).

Note that the 1day RSI is on the Resistance level which has priced 3 Lower Highs on the Falling Wedge. This is why wee need to see a clear breakout.

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