TradeWize · free chart read
ETH is 38 bars into a downtrend, coiling inside a falling wedge under a weekly downtrend. It poked above the wedge 1 bar ago without closing there. $2374.81 ends the wedge, $2401.59 resumes the rise.
What the read found
- Trend: lower highs and lower lows over the window, 4 steps across 38 bars, still intact
- Formation: falling wedge — Poked above $2401.59 1 bar ago without closing there. Still forming.
- Decides above: $2401.59 (the falling wedge)
- Decides below: $2374.81 (the falling wedge)
- Resistance: $2419.58
- Resistance: $2535.71
- Support: $2385.53
- Support: $2358.92
- Level history: The last nine times price reached $2419.58 it held 8 times, bouncing 4.0% on average, and broke through once.
- Level history: The last seven times price reached $2535.71 it held every time, bouncing 5.4% on average.
- Level history: The last three times price reached $2385.53 it held twice, bouncing 2.2% on average.
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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns