Trading Class

Markets › Dogecoin › Support bounce

Crypto · price-structure setup

Support bounce on Dogecoin

On Dogecoin the support bounce showed up 71 times. The target came first 30% of the time, the stop 55%, and 15% went nowhere within 12 candles.

Counted on Dogecoin (DOGE/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily20%100%0%
4-hour1030%60%10%
Hourly5931%53%17%

Dogecoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Dogecoin7130%55%15%
All Crypto charts2,18034%55%11%
Every market2,91035%56%10%

Year by year

YearFoundTarget firstStop first
20211225%50%
20221817%56%
20231718%71%
2024743%43%
20251275%25%
202650%100%

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 support bounce is

Price fell back to a level that stopped it before, and bounced again.

Drop a ball and it bounces off the floor. Support is a price floor where falls stopped before, because buyers were waiting there. A support bounce is when price comes back down to that floor and bounces up again.

The full support bounce lesson, video and quiz ›

Other patterns on Dogecoin

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

The support bounce elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot

Questions

How often does the support bounce work on Dogecoin?

In 71 cases on Dogecoin, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 55%; 15% went nowhere within 12 candles.

What is the support bounce?

Price fell back to a level that stopped it before, and bounced again.