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Crypto · indicator signal

Bollinger breakout up on Litecoin

On Litecoin the bollinger breakout up showed up 298 times. The target came first 33% of the time, the stop 64%, and 3% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1030%70%0%
4-hour5441%57%2%
Hourly23431%65%4%

Litecoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Litecoin29833%64%3%
All Crypto charts7,91539%58%3%
Every market11,28739%58%3%

Year by year

YearFoundTarget firstStop first
20215735%60%
20225330%66%
20234333%63%
20245223%75%
20254723%74%
20264652%46%

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 bollinger breakout up is

After a tight squeeze, price closed above the upper band.

Squeeze a spring tight and let go, and it jumps. Bollinger Bands are lines that hug the price, getting narrow when things are calm and wide when things get wild. After a tight squeeze, a close above the top band is like the spring jumping up.

The full bollinger breakout up lesson, video and quiz ›

Other patterns on Litecoin

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

The bollinger breakout up elsewhere

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

Questions

How often does the bollinger breakout up work on Litecoin?

In 298 cases on Litecoin, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 64%; 3% went nowhere within 12 candles.

What is the bollinger breakout up?

After a tight squeeze, price closed above the upper band.