TradeWize · free chart read

ALGO is 63 bars into an uptrend, coiling inside a descending triangle after the daily uptrend broke. The coil is on thin volume. $0.09331 ends the triangle, $0.09178 resumes the fall.

ALGO-USD · 1H · read on 2026-09-04 · Still forming.

What the read found

Trend: a series of higher highs and higher lows over the window, 4 steps across 63 bars, still intact
Formation: descending triangle — Still forming.
Decides above: $0.09331 (the descending triangle)
Decides below: $0.09178 (the descending triangle)
Resistance: $0.09228
Resistance: $0.09472
Level history: The last three times price reached $0.09228 it held every time, bouncing 2.8% on average.
Level history: The last four times price reached $0.09472 it held three times, bouncing 3.3% 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