2026-01-18 19:43:21

RDW weekly chart has recently shown strong performance. When breaking through the 0.786 logarithmic Fibonacci level, it recorded a historic second-high weekly trading volume. Subsequently, during the retest of this level, it even hit a record high weekly trading volume, successfully confirming its validity as a support level.

This classic setup of breakout combined with retest usually signals a bullish trend. However, what needs close attention is that the price is currently rapidly approaching a key level. The current pattern warrants ongoing observation—whether it can hold steady at this critical point will directly determine the credibility of the subsequent trend. For traders focusing on RDW, the precise indicator performance at this stage will provide important directional guidance.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

tx_pending_forever

· 4h ago

Weekly break and retest confirms support, this wave is indeed something Wait, only if it can stand firm is it meaningful The all-time high trading volume signal is a bit intense, feels like a big move is coming RDW is a bit tense at this position, let's see who breaks the defense first The key point is right in front of us, we need to keep a close eye on it Break and retest combined with volume suggests institutions are accumulating Is this support level really solid? Or is it just a trap? A new high in trading volume usually isn't a good sign, beware of a trend reversal Only after standing firm on the weekly level can we chase; don't get caught being cut like a leek The question is whether it can break upward, otherwise it will be a repeated struggle This pattern is a bit interesting, but I still remain cautious Volume confirmed the support, next to see if there's a new high

View OriginalReply0

VitaliksTwin

· 6h ago

Breaking through the level and retesting, all have stabilized. This wave indeed looks promising. The all-time high trading volume gives me confidence. Should we try to push a bit higher? Wait... where exactly is the key level? It feels a bit uncertain. Volume speaks for itself; everything else is just floating clouds. I just want to know if we can break through next. Stop messing around with all these indicators.

View OriginalReply0

BlockchainArchaeologist

· 6h ago

Breakout retest with double high volume, this wave of RDW really has some substance Wait, Fibonacci is back again? Always the same approach, can't we try a different idea? Historical new high weekly volume confirms support, bullish is bullish, just worried about false breakouts Can the key level hold? To be honest, I'm not confident If it can break out this time, it should be stable; otherwise, it will be another round of cutting losses

View OriginalReply0

BTCRetirementFund

· 6h ago

Damn, the all-time weekly trading volume! Feel the rhythm. RDW is really interesting this time; the key is whether it can hold this position. Breakdown and retest to confirm support—textbook-level operation. The previous high was lower, and the current is the highest; the main force is telling a story. Whether it can hold is the key; otherwise, it's all just illusions. Just a signal from the indicator is enough; the rest depends on luck. It's better to stabilize after a good breakout, brother. I'm a bit tempted by this pattern, but I don't dare to go all in. The trading volume is stacked so heavily—either a surge or a crash. Can RDW make a move? Let's wait and see. It looks textbook, but in reality, it's all about luck.

View OriginalReply0

ChainComedian

· 6h ago

rdw this move definitely has some substance; the backtested confirm volume data speaks for itself.

View OriginalReply0

GasOptimizer

· 6h ago

Bro, this wave of RDW is really brewing something, with such a buildup in trading volume, it won't be in vain. Wait, can it really hold that position? I always feel like it's about to break. After breaking 0.786, it retested and confirmed, this routine is classic, just worried it might be a false move again. RDW is at a critical moment, everyone, do you think it can hold? Still holding it in hand, the rising trading volume is quite interesting. Oh my, this critical point, could it be another trap to fool people? I don't really believe it, I feel the good news has been fully priced in, and it might be more dangerous now.

View OriginalReply0

AlphaWhisperer

· 7h ago

Breaking through the backtest to double new highs in volume, this rhythm is indeed something special. --- RDW's recent moves are basically testing the bottom line; the question is whether it can hold. --- Wait, the all-time weekly high volume appeared during the backtest? That's not very common, gotta keep a close eye on it. --- Another bullish signal, another key point; this kind of rhetoric is getting a bit tiring. --- In fact, it all depends on whether it can stabilize in the next few weeks; everything else is just noise. --- The volume combined with this position shows some signs. --- Key point? Please just say whether it's support or resistance, don't make it so vague. --- The weekly chart rhythm, it might really break down.

View OriginalReply0