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US stock market · indicator signal

Fibonacci bounce up on Coinbase

On Coinbase the fibonacci bounce up showed up 42 times. The target came first 38% of the time, the stop 62%, and 0% went nowhere within 12 candles.

Counted on Coinbase: daily candles from April 2021 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily825%75%0%
Hourly3441%59%0%

Coinbase against the rest

ChartsFoundTarget firstStop firstWent nowhere
Coinbase4238%62%0%
All US stock market charts1,46740%56%3%
Every market16,35735%58%8%

Year by year

YearFoundTarget firstStop first
2023540%60%
20252245%55%
20261127%73%

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 fibonacci bounce up is

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.

Imagine climbing a hill, sliding back about halfway, then catching your footing and climbing again. Fibonacci levels mark how far back price slid compared with the climb. A Fibonacci bounce up is when price slides back into the 50% to 61.8% zone and bounces.

The full fibonacci bounce up lesson, video and quiz ›

Other patterns on Coinbase

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

The fibonacci bounce up elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the fibonacci bounce up work on Coinbase?

In 42 cases on Coinbase, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 62%; 0% went nowhere within 12 candles.

What is the fibonacci bounce up?

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.