Markets › Cardano › Dragonfly doji
Crypto · candlestick pattern
Dragonfly doji on Cardano
On Cardano the dragonfly doji showed up 39 times. The target came first 23% of the time, the stop 72%, and 5% 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
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 0% | 100% | 0% |
| 4-hour | 9 | 11% | 89% | 0% |
| Hourly | 27 | 30% | 63% | 7% |
Cardano against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Cardano | 39 | 23% | 72% | 5% |
| All Crypto charts | 1,036 | 28% | 61% | 11% |
| Every market | 1,304 | 30% | 60% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 8 | 12% | 75% |
| 2022 | 8 | 12% | 88% |
| 2023 | 8 | 38% | 62% |
| 2024 | 9 | 22% | 78% |
| 2025 | 4 | 25% | 50% |
The last 8 times
- 29 Mar 2026, 05:00 UTC · hourly · stop first after 4 candles
- 6 Feb 2026, 00:00 UTC · hourly · target first after 5 candles
- 6 Dec 2025, 00:00 UTC · hourly · went nowhere
- 1 Jun 2025 · daily · stop first after 4 candles
- 9 Apr 2025, 01:00 UTC · hourly · target first after 6 candles
- 3 Feb 2025 · daily · stop first after 1 candle
- 15 Sep 2024, 23:00 UTC · hourly · stop first after 1 candle
- 5 Aug 2024, 11:00 UTC · hourly · stop first after 2 candles
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 dragonfly doji is
Sellers pushed price far down, buyers pushed it all the way back.
Throw a yo-yo down and it zooms all the way back up to your hand. A dragonfly doji is like that: price dropped far during the candle, then buyers pulled it all the way back up to where it opened. It looks like a letter T, or a dragonfly with its wings at the top.
The full dragonfly doji 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 dragonfly doji elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Polkadot · Aave
Questions
How often does the dragonfly doji work on Cardano?
In 39 cases on Cardano, the target (1.5 × ATR) came before the stop (1 × ATR) 23% of the time and the stop came first 72%; 5% went nowhere within 12 candles.
What is the dragonfly doji?
Sellers pushed price far down, buyers pushed it all the way back.