TradeWize · free chart read

BTC broke out of a falling wedge this bar on heavier than normal volume under a weekly downtrend. Below $77798.45 the break has failed.

BTC-USD · 4H · read on 2026-09-03 · Broke above $77798.45 this bar on heavier than normal volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 56 bars — and that run is OVER: price closed above the last lower high 1 bars ago. Do not describe it as a trend that is still running.
Formation: falling wedge — Broke above $77798.45 this bar on heavier than normal volume. No retest yet.
Decides above: $81311.31 (resistance)
Decides below: $77798.45 (the breakout)
Resistance: $81311.31
Support: $76569.93
Level history: The last two times price reached $81311.31 it held every time, bouncing 5.0% on average.
Level history: The last ten times price reached $76569.93 it held every time, bouncing 3.9% on average.

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Every figure on this page was computed from the real candles up to 2026-09-03. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns