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Crypto · candlestick pattern

Bullish engulfing on NEAR Protocol

On NEAR Protocol the bullish engulfing showed up 507 times. The target came first 34% of the time, the stop 58%, and 9% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1527%53%20%
4-hour10434%55%12%
Hourly38834%59%7%

NEAR Protocol against the rest

ChartsFoundTarget firstStop firstWent nowhere
NEAR Protocol50734%58%9%
All Crypto charts13,19732%56%12%
Every market17,56334%56%10%

Year by year

YearFoundTarget firstStop first
20216534%55%
20229738%56%
20237432%61%
202410928%64%
20259934%53%
20266338%56%

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 engulfing is

A green body swallows the red one before it. Buyers took control.

Picture a small red fish, then a bigger green fish that swallows it whole. In a bullish engulfing pattern, the green candle's body is so big it covers the whole red body before it. After a fall, it shows buyers suddenly took over.

The full bullish engulfing lesson, video and quiz ›

Other patterns on NEAR Protocol

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

The bullish engulfing elsewhere

Ethereum · Bitcoin · Solana · Litecoin · 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 engulfing work on NEAR Protocol?

In 507 cases on NEAR Protocol, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 58%; 9% went nowhere within 12 candles.

What is the bullish engulfing?

A green body swallows the red one before it. Buyers took control.