TradeWize · free chart read

BTC broke out of a falling wedge 10 weeks ago on light volume. Below $59221.76 the break has failed.

BTC-USD · WEEKLY · read on 2026-09-26 · Broke above $59221.76 10 weeks ago on light volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 58 bars — and that run is OVER: price closed above the last lower high 1 bars ago. Do not describe it as a trend that is still running.
Formation: falling wedge — Broke above $59221.76 10 weeks ago on light volume. No retest yet.
Decides above: $117092.55 (resistance)
Decides below: $59221.76 (the breakout)
Resistance: $117092.55
Resistance: $124582.27
Support: $58956.52
Support: $53158.04
Level history: The last two times price reached $117092.55 it held every time, bouncing 31% on average.
Level history: The last three times price reached $124582.27 it held twice, bouncing 26% on average.
Level history: The last four times price reached $58956.52 it held every time, bouncing 35% 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 2026-09-26. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns