TradeWize · free chart read

BTC is coiling inside a rising wedge under a 4 hour downtrend. It poked below the wedge 2 bars ago without closing there. $77262.76 ends the wedge, $77199.49 resumes the fall.

BTC-USD · 5M · read on 2026-09-12 · Poked below $77199.49 2 bars ago without closing there. Still forming.

What the read found

Trend: a series of higher highs and higher lows over the window, 4 steps across 27 bars, still intact
Formation: rising wedge — Poked below $77199.49 2 bars ago without closing there. Still forming.
Decides above: $77262.76 (the rising wedge)
Decides below: $77199.49 (the rising wedge)
Resistance: $77458.60
Support: $77109.04
Level history: The last five times price reached $77458.60 it held every time, bouncing 0.1% on average.
Level history: The last four times price reached $77109.04 it held every time, bouncing 0.1% on average.

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Every figure on this page was computed from the real candles up to 2026-09-12. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns