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Crypto · candlestick pattern

Bullish marubozu on Litecoin

On Litecoin the bullish marubozu showed up 261 times. The target came first 36% of the time, the stop 56%, and 8% 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
Daily560%40%0%
4-hour3642%56%3%
Hourly22034%57%9%

Litecoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Litecoin26136%56%8%
All Crypto charts8,08138%55%7%
Every market12,13438%55%7%

Year by year

YearFoundTarget firstStop first
20213928%64%
20222236%59%
20233543%54%
20246231%56%
20256745%49%
20263628%61%

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 bullish marubozu is

A full green body with no wicks. Buyers owned the whole candle.

Imagine a runner who sprints from the start line to the finish line without slowing down once. A bullish marubozu is a big green candle like that: price opened at the bottom and closed at the very top. Buyers were in charge from start to end.

The full bullish marubozu 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 bullish marubozu elsewhere

Ethereum · Bitcoin · Solana · 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 bullish marubozu work on Litecoin?

In 261 cases on Litecoin, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 56%; 8% went nowhere within 12 candles.

What is the bullish marubozu?

A full green body with no wicks. Buyers owned the whole candle.