TradeWize · free chart read

ETH broke out of a falling wedge this bar on thin volume inside a daily uptrend. Below $2393.76 the break has failed.

ETH-USD · 1H · read on 2026-09-02 · Broke above $2393.76 this bar on thin volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 50 bars, still intact
Formation: falling wedge — Broke above $2393.76 this bar on thin volume. No retest yet.
Decides above: $2404.25 (the double top)
Decides below: $2393.76 (the breakout)
Resistance: $2489.38
Support: $2381.47
Level history: The last four times price reached $2489.38 it held three times, bouncing 2.6% on average, and broke through once.
Level history: The last five times price reached $2381.47 it held every time, bouncing 1.4% 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