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Crypto · candlestick pattern

Bullish marubozu on Cardano

On Cardano the bullish marubozu showed up 306 times. The target came first 38% of the time, the stop 55%, and 7% 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
Daily560%40%0%
4-hour5044%44%12%
Hourly25137%58%6%

Cardano against the rest

ChartsFoundTarget firstStop firstWent nowhere
Cardano30638%55%7%
All Crypto charts8,08138%55%7%
Every market12,13438%55%7%

Year by year

YearFoundTarget firstStop first
20216335%59%
20224245%50%
20234736%55%
20246047%47%
20256035%58%
20263429%65%

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 bullish marubozu is

A full green body with no wicks. Buyers owned the whole candle.

Imagine a runner who sprints from the start line to the finish line without slowing down once. A bullish marubozu is a big green candle like that: price opened at the bottom and closed at the very top. Buyers were in charge from start to end.

The full bullish marubozu 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 bullish marubozu elsewhere

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

Questions

How often does the bullish marubozu work on Cardano?

In 306 cases on Cardano, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 55%; 7% went nowhere within 12 candles.

What is the bullish marubozu?

A full green body with no wicks. Buyers owned the whole candle.