Trading Class

Markets › Aave › Shooting star

Crypto · candlestick pattern

Shooting star on Aave

On Aave the shooting star showed up 261 times. The target came first 38% of the time, the stop 57%, and 5% went nowhere within 12 candles.

Counted on Aave (AAVE/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily367%33%0%
4-hour3543%54%3%
Hourly22336%58%6%

Aave against the rest

ChartsFoundTarget firstStop firstWent nowhere
Aave26138%57%5%
All Crypto charts7,26636%57%7%
Every market10,01336%57%7%

Year by year

YearFoundTarget firstStop first
20213741%57%
20225840%55%
20234540%58%
20244330%63%
20254732%62%
20263145%45%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the shooting star is

After a rise, buyers pushed up and sellers slammed it back down.

A firework shoots high into the sky, sparkles, and then falls back down. A shooting star candle is like that: after a rise, price shot up during the candle, then sellers pushed it back down near where it started. The long top wick is the trail it left behind.

The full shooting star lesson, video and quiz ›

Other patterns on Aave

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · Volume profile rejection · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them

The shooting star elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Dow Jones · Sony · GBP/USD · EUR/JPY · Silver

Questions

How often does the shooting star work on Aave?

In 261 cases on Aave, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 57%; 5% went nowhere within 12 candles.

What is the shooting star?

After a rise, buyers pushed up and sellers slammed it back down.