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Crypto · indicator signal

Bollinger breakout up on Cardano

On Cardano the bollinger breakout up showed up 262 times. The target came first 36% of the time, the stop 62%, and 2% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily933%67%0%
4-hour6134%66%0%
Hourly19236%60%3%

Cardano against the rest

ChartsFoundTarget firstStop firstWent nowhere
Cardano26236%62%2%
All Crypto charts7,91539%58%3%
Every market11,28739%58%3%

Year by year

YearFoundTarget firstStop first
20214544%56%
20224633%61%
20234726%72%
20243749%51%
20254831%65%
20263936%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 bollinger breakout up is

After a tight squeeze, price closed above the upper band.

Squeeze a spring tight and let go, and it jumps. Bollinger Bands are lines that hug the price, getting narrow when things are calm and wide when things get wild. After a tight squeeze, a close above the top band is like the spring jumping up.

The full bollinger breakout up lesson, video and quiz ›

Other patterns on Cardano

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

The bollinger breakout up elsewhere

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

Questions

How often does the bollinger breakout up work on Cardano?

In 262 cases on Cardano, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 62%; 2% went nowhere within 12 candles.

What is the bollinger breakout up?

After a tight squeeze, price closed above the upper band.