TradeWize · free chart read

LINK broke down from a rising wedge this bar on twice normal volume under a weekly downtrend. Above $12.2271 the break has failed.

LINK-USD · 4H · read on 2026-09-20 · Broke below $12.2271 this bar on twice normal volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 4 steps across 45 bars — and that run is OVER: price closed above the last lower high 33 bars ago. Do not describe it as a trend that is still running.
Formation: rising wedge — Broke below $12.2271 this bar on twice normal volume. No retest yet.
Decides above: $12.2271 (the breakout)
Decides below: $11.1826 (the measured move)
Resistance: $12.7365
Resistance: $12.9480
Level history: The last two times price reached $12.7365 it held once, bouncing 6.3%.
Level history: The last three times price reached $12.9480 it held twice, bouncing 6.6% on average, and broke through once.

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Every figure on this page was computed from the real candles up to 2026-09-20. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns