Trading Class

Markets › Cardano › Resistance rejection

Crypto · price-structure setup

Resistance rejection on Cardano

On Cardano the resistance rejection showed up 66 times. The target came first 45% of the time, the stop 44%, and 11% 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
Daily10%100%0%
4-hour838%50%12%
Hourly5747%42%11%

Cardano against the rest

ChartsFoundTarget firstStop firstWent nowhere
Cardano6645%44%11%
All Crypto charts2,10636%55%9%
Every market2,88936%56%8%

Year by year

YearFoundTarget firstStop first
20211346%46%
20221443%57%
2023922%56%
20241155%36%
20251050%20%
2026956%44%

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 resistance rejection is

Price rose back to a level that stopped it before, and turned down again.

Throw a ball up in a room and it bounces off the ceiling and falls. Resistance is a price ceiling where rises stopped before, because sellers were waiting there. A resistance rejection is when price climbs back to that ceiling and gets pushed down again.

The full resistance rejection 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 resistance rejection elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Polkadot · Aave · EUR/JPY

Questions

How often does the resistance rejection work on Cardano?

In 66 cases on Cardano, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 44%; 11% went nowhere within 12 candles.

What is the resistance rejection?

Price rose back to a level that stopped it before, and turned down again.