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Crypto · indicator signal

OBV bearish divergence on Cardano

On Cardano the obv bearish divergence showed up 220 times. The target came first 37% of the time, the stop 51%, and 12% 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
Daily1258%33%8%
4-hour3145%48%6%
Hourly17734%53%13%

Cardano against the rest

ChartsFoundTarget firstStop firstWent nowhere
Cardano22037%51%12%
All Crypto charts6,88637%54%9%
Every market8,77437%55%8%

Year by year

YearFoundTarget firstStop first
20212726%37%
20224641%57%
20233829%55%
20243743%51%
20254040%45%
20263241%56%

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 obv bearish divergence is

Price made a higher high, but volume flow made a lower high. Buyers were running out of force.

Imagine climbing higher up a hill while fewer and fewer friends keep climbing with you. You are higher, but with less support behind you. An OBV bearish divergence is when price makes a higher high, but OBV, the running total of volume flow, does not follow it up.

The full obv bearish divergence 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 obv bearish divergence elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Polkadot · Aave · S&P 500

Questions

How often does the obv bearish divergence work on Cardano?

In 220 cases on Cardano, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 51%; 12% went nowhere within 12 candles.

What is the obv bearish divergence?

Price made a higher high, but volume flow made a lower high. Buyers were running out of force.