Trading Class

Markets › Bitcoin › Tweezer bottom

Crypto · candlestick pattern

Tweezer bottom on Bitcoin

On Bitcoin the tweezer bottom showed up 265 times. The target came first 29% of the time, the stop 57%, and 13% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily633%50%17%
4-hour4544%42%13%
Hourly21426%61%13%

Bitcoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Bitcoin26529%57%13%
All Crypto charts6,99133%55%12%
Every market9,70935%55%11%

Year by year

YearFoundTarget firstStop first
20214127%68%
20224137%54%
20233023%53%
20244427%66%
20257634%47%
20263321%64%

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 tweezer bottom is

Two candles hit the same low. That floor held twice.

Picture a pair of tweezers, with two tips meeting at the very same point. A tweezer bottom is two candles whose lowest points land at almost exactly the same price. Price tested the floor twice, and the floor held both times.

The full tweezer bottom lesson, video and quiz ›

Other patterns on Bitcoin

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

The tweezer bottom elsewhere

Ethereum · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Aave · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the tweezer bottom work on Bitcoin?

In 265 cases on Bitcoin, the target (1.5 × ATR) came before the stop (1 × ATR) 29% of the time and the stop came first 57%; 13% went nowhere within 12 candles.

What is the tweezer bottom?

Two candles hit the same low. That floor held twice.