TradeWize · free chart read

ALGO broke down from a rising wedge this bar on 3 times normal volume under a weekly downtrend. Above $0.09238 the break has failed.

ALGO-USD · 4H · read on 2026-09-04 · Broke below $0.09238 this bar on 3 times normal volume. No retest yet.

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 — Broke below $0.09238 this bar on 3 times normal volume. No retest yet.
Decides above: $0.09238 (the breakout)
Decides below: $0.09038 (the trendline)
Resistance: $0.09499
Support: $0.08366
Level history: The last ten times price reached $0.09499 it held every time, bouncing 6.1% on average.
Level history: The last two times price reached $0.08366 it held every time, bouncing 9.0% on average.

Read your own chart

Upload a screenshot from any charting app, or type a ticker. The same engine computed this read. Free, no account, one read a week. It shows the levels and the two prices that decide it; the call is yours.

Analyze a chart

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