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Crypto · candlestick pattern
Piercing line on Cardano
On Cardano the piercing line showed up 176 times. The target came first 39% of the time, the stop 48%, and 14% 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 | 5 | 20% | 60% | 20% |
| 4-hour | 41 | 39% | 39% | 22% |
| Hourly | 130 | 39% | 50% | 11% |
Cardano against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Cardano | 176 | 39% | 48% | 14% |
| All Crypto charts | 4,565 | 33% | 54% | 12% |
| Every market | 6,128 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 26 | 27% | 50% |
| 2022 | 34 | 32% | 56% |
| 2023 | 21 | 19% | 62% |
| 2024 | 34 | 59% | 24% |
| 2025 | 41 | 44% | 54% |
| 2026 | 20 | 40% | 45% |
The last 8 times
- 13 Oct 2026, 01:00 UTC · hourly · target first after 4 candles
- 16 Sep 2026, 16:00 UTC · 4-hour · target first after 5 candles
- 4 Sep 2026, 18:00 UTC · hourly · stop first after 8 candles
- 12 Aug 2026, 22:00 UTC · hourly · target first after 7 candles
- 11 Aug 2026, 06:00 UTC · hourly · stop first after 6 candles
- 18 Jun 2026, 16:00 UTC · 4-hour · went nowhere
- 4 Jun 2026, 11:00 UTC · hourly · stop first after 7 candles
- 3 Jun 2026, 04:00 UTC · hourly · target first after 3 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 piercing line is
After a big red candle, green closes above its middle.
Imagine sliding down a slide, then climbing back up more than halfway before you stop. A piercing line is like that: after a big red candle, the next green candle climbs back past the middle of the red one. Buyers took back more than half of the drop.
The full piercing line 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 piercing line elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Polkadot · Aave · S&P 500 · GBP/USD · EUR/JPY
Questions
How often does the piercing line work on Cardano?
In 176 cases on Cardano, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 48%; 14% went nowhere within 12 candles.
What is the piercing line?
After a big red candle, green closes above its middle.