TradeWize · free chart read
ETH broke out of a falling wedge this bar on thin volume under a weekly downtrend. Below $2393.29 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 4 steps across 39 bars, still intact
- Formation: falling wedge — Broke above $2393.29 this bar on thin volume. No retest yet.
- Decides above: $2449.65 (the head and shoulders)
- Decides below: $2393.29 (the breakout)
- Resistance: $2535.71
- Support: $2370.51
- Level history: The last seven times price reached $2535.71 it held every time, bouncing 5.4% on average.
- Level history: The last eight times price reached $2370.51 it held 5 times, bouncing 4.9% on average, and broke through once.
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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns