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Markets › Coinbase › Spinning top

US stock market · candlestick pattern

Spinning top on Coinbase

On Coinbase the spinning top showed up 142 times. Within 12 candles price broke up 50% of the time, broke down 47% and stayed inside 3%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily3850%50%0%
Hourly10450%46%4%

Coinbase against the rest

ChartsFoundBroke upBroke downStayed inside
Coinbase14250%47%3%
All US stock market charts5,80352%47%1%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2022633%67%
20231136%64%
20241050%50%
20256152%48%
20265452%41%

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 spinning top is

Small body, wicks on both sides. Nobody is in charge.

A spinning top toy whirls fast but stays in one spot. This candle is the same: price ran up and down a lot, but it ended close to where it began. Buyers and sellers were both busy, and neither took charge.

The full spinning top lesson, video and quiz ›

Other patterns on Coinbase

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

The spinning top 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 spinning top work on Coinbase?

In 142 cases on Coinbase, price broke up 50% of the time, broke down 47% and stayed inside 3% within 12 candles.

What is the spinning top?

Small body, wicks on both sides. Nobody is in charge.