TradeWize · free chart read
ALGO broke down from a bear flag this bar on thin volume under a weekly downtrend. Above $0.09239 the break has failed.
What the read found
- Trend: a series of higher highs and higher lows over the window, 4 steps across 26 bars, still intact
- Formation: bear flag — Broke below $0.09239 this bar on thin volume. No retest yet.
- Decides above: $0.09239 (the breakout)
- Decides below: $0.09133 (the double bottom)
- Resistance: $0.09499
- Level history: The last ten times price reached $0.09499 it held every time, bouncing 5.8% on average.
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Every figure on this page was computed from the real candles up to 2026-09-04. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns