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Crypto · chart pattern

Bull flag on Chainlink

On Chainlink the bull flag showed up 48 times. The target came first 31% of the time, the stop 58%, and 10% went nowhere within 12 candles.

Counted on Chainlink (LINK/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily20%50%50%
4-hour1436%64%0%
Hourly3231%56%12%

Chainlink against the rest

ChartsFoundTarget firstStop firstWent nowhere
Chainlink4831%58%10%
All Crypto charts1,30338%57%5%
Every market2,45839%56%6%

Year by year

YearFoundTarget firstStop first
20211010%90%
2022967%22%
2023825%38%
2024617%83%
2025956%33%
202660%100%

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 bull flag is

A fast rise, a short calm pause, then price breaks out of the pause.

Imagine a runner who sprints fast, stops for a short breather, then sprints again. A bull flag is like that: a fast rise called the pole, then a small, calm pause called the flag. When price breaks out of the top of the flag, the next sprint may be starting.

The full bull flag lesson, video and quiz ›

Other patterns on Chainlink

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · Volume profile rejection · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them

The bull flag elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Uniswap · BNB · Cardano · Polkadot · Aave · Sony

Questions

How often does the bull flag work on Chainlink?

In 48 cases on Chainlink, the target (1.5 × ATR) came before the stop (1 × ATR) 31% of the time and the stop came first 58%; 10% went nowhere within 12 candles.

What is the bull flag?

A fast rise, a short calm pause, then price breaks out of the pause.