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Crypto · candlestick pattern

Morning star on Litecoin

On Litecoin the morning star showed up 22 times. The target came first 32% of the time, the stop 59%, and 9% 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
4-hour40%100%0%
Hourly1839%50%11%

Litecoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Litecoin2232%59%9%
All Crypto charts66134%54%12%
Every market98636%54%10%

Year by year

YearFoundTarget firstStop first
2023540%20%
2024520%80%
2025450%50%
2026450%50%

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 morning star is

A big fall, a pause, then a strong rise. The night is ending.

Think of the night, then the quiet grey of dawn, then the sun rising. A morning star is three candles like that: a big red candle, a tiny pause candle, then a strong green candle. The dark part of the chart might be ending.

The full morning star 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 morning star elsewhere

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

Questions

How often does the morning star work on Litecoin?

In 22 cases on Litecoin, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 59%; 9% went nowhere within 12 candles.

What is the morning star?

A big fall, a pause, then a strong rise. The night is ending.