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Crypto · candlestick pattern

Doji on Litecoin

On Litecoin the doji showed up 1,810 times. Within 12 candles price broke up 48% of the time, broke down 49% and stayed inside 3%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily4844%48%8%
4-hour37850%45%4%
Hourly1,38447%50%2%

Litecoin against the rest

ChartsFoundBroke upBroke downStayed inside
Litecoin1,81048%49%3%
All Crypto charts49,27548%49%3%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
202126548%49%
202233745%53%
202330047%48%
202431049%48%
202531249%48%
202628648%48%

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 doji is

Open and close are almost equal. Buyers and sellers are in a tie.

Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.

The full doji lesson, video and quiz ›

Other patterns on Litecoin

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

The doji 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 doji work on Litecoin?

In 1,810 cases on Litecoin, price broke up 48% of the time, broke down 49% and stayed inside 3% within 12 candles.

What is the doji?

Open and close are almost equal. Buyers and sellers are in a tie.