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Crypto · chart pattern
Double bottom on Chainlink
On Chainlink the double bottom showed up 139 times. The target came first 34% of the time, the stop 61%, and 5% 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
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 1 | 100% | 0% | 0% |
| 4-hour | 26 | 42% | 50% | 8% |
| Hourly | 112 | 31% | 64% | 4% |
Chainlink against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Chainlink | 139 | 34% | 61% | 5% |
| All Crypto charts | 3,294 | 36% | 58% | 6% |
| Every market | 4,672 | 37% | 57% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 24 | 21% | 71% |
| 2022 | 21 | 43% | 52% |
| 2023 | 38 | 39% | 61% |
| 2024 | 25 | 40% | 56% |
| 2025 | 13 | 31% | 62% |
| 2026 | 18 | 22% | 67% |
The last 8 times
- 24 Sep 2026, 15:00 UTC · hourly · target first after 3 candles
- 6 Aug 2026, 17:00 UTC · hourly · stop first after 1 candle
- 20 Jul 2026, 23:00 UTC · hourly · target first after 5 candles
- 20 Jul 2026, 17:00 UTC · hourly · target first after 11 candles
- 20 Jul 2026, 15:00 UTC · hourly · went nowhere
- 19 May 2026, 03:00 UTC · hourly · stop first after 6 candles
- 10 May 2026, 08:00 UTC · hourly · stop first after 3 candles
- 22 Apr 2026, 05:00 UTC · hourly · stop first after 11 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 double bottom is
Two lows at the same level, then a break above the peak between them.
Jump on a trampoline and you sink to the same low spot twice, but the second push sends you higher than before. A double bottom looks like the letter W: two lows at the same level with a hill between them. When price climbs above that hill, the W is complete.
The full double bottom 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 double bottom elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Uniswap · BNB · Cardano · Polkadot · Aave · EUR/JPY
Questions
How often does the double bottom work on Chainlink?
In 139 cases on Chainlink, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 61%; 5% went nowhere within 12 candles.
What is the double bottom?
Two lows at the same level, then a break above the peak between them.