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Markets › Coinbase › Gap up

US stock market · price-structure setup

Gap up on Coinbase

On Coinbase the gap up showed up 155 times. The target came first 37% of the time, the stop 58%, and 5% 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
Daily3746%49%5%
Hourly11835%61%4%

Coinbase against the rest

ChartsFoundTarget firstStop firstWent nowhere
Coinbase15537%58%5%
All US stock market charts5,18341%53%6%
Every market12,76840%54%6%

Year by year

YearFoundTarget firstStop first
202240%75%
20231050%40%
20241457%43%
20257632%63%
20265141%57%

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 gap up is

Price opened above the previous candle's high. It jumped up between the two candles.

Imagine a shop that shuts at night. While it is closed, everyone hears great news about a toy, so when the shop opens, the very first price is already above anything paid the day before. On a chart, a candle that starts above the top of the candle before it is called a gap up.

The full gap up lesson, video and quiz ›

Other patterns on Coinbase

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

The gap up elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony

Questions

How often does the gap up work on Coinbase?

In 155 cases on Coinbase, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 58%; 5% went nowhere within 12 candles.

What is the gap up?

Price opened above the previous candle's high. It jumped up between the two candles.