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Crypto · candlestick pattern

Spinning top on Ethereum

On Ethereum the spinning top showed up 2,505 times. Within 12 candles price broke up 48% of the time, broke down 48% and stayed inside 4%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily7555%43%3%
4-hour53749%46%5%
Hourly1,89348%49%4%

Ethereum against the rest

ChartsFoundBroke upBroke downStayed inside
Ethereum2,50548%48%4%
All Crypto charts63,08148%49%3%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
202142848%50%
202244348%48%
202339048%47%
202443049%48%
202545546%51%
202635951%43%

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 Ethereum

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

The spinning top elsewhere

Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Aave · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the spinning top work on Ethereum?

In 2,505 cases on Ethereum, price broke up 48% of the time, broke down 48% and stayed inside 4% within 12 candles.

What is the spinning top?

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