Crypto · candlestick pattern
Hammer on Chainlink
On Chainlink the hammer showed up 342 times. The target came first 29% of the time, the stop 61%, and 9% 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 | 5 | 40% | 40% | 20% |
| 4-hour | 63 | 41% | 49% | 10% |
| Hourly | 274 | 26% | 65% | 9% |
Chainlink against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Chainlink | 342 | 29% | 61% | 9% |
| All Crypto charts | 9,050 | 29% | 59% | 12% |
| Every market | 11,792 | 31% | 58% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 67 | 27% | 64% |
| 2022 | 55 | 27% | 64% |
| 2023 | 60 | 32% | 62% |
| 2024 | 80 | 30% | 62% |
| 2025 | 49 | 29% | 53% |
| 2026 | 31 | 32% | 61% |
The last 8 times
- 7 Oct 2026, 02:00 UTC · hourly · target first after 4 candles
- 10 Sep 2026, 16:00 UTC · hourly · stop first after 7 candles
- 9 Sep 2026, 20:00 UTC · 4-hour · stop first after 4 candles
- 7 Sep 2026, 20:00 UTC · hourly · stop first after 7 candles
- 10 Aug 2026, 02:00 UTC · hourly · target first after 9 candles
- 23 Jul 2026, 15:00 UTC · hourly · stop first after 4 candles
- 17 Jul 2026, 13:00 UTC · hourly · target first after 3 candles
- 17 Jul 2026, 12:00 UTC · 4-hour · target first after 8 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 hammer is
After a fall, a long lower wick shows buyers stepped in.
Drop a ball on the floor and it bounces back up. A hammer candle is like that: price fell a lot during the candle, then buyers bounced it back up near where it started. The long tail below shows how far it dropped before the bounce.
The full hammer 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 hammer elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Uniswap · BNB · Cardano · Polkadot · Aave · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the hammer work on Chainlink?
In 342 cases on Chainlink, the target (1.5 × ATR) came before the stop (1 × ATR) 29% of the time and the stop came first 61%; 9% went nowhere within 12 candles.
What is the hammer?
After a fall, a long lower wick shows buyers stepped in.