Trading Class

Markets › NEAR Protocol › Inverted hammer

Crypto · candlestick pattern

Inverted hammer on NEAR Protocol

On NEAR Protocol the inverted hammer showed up 192 times. The target came first 38% of the time, the stop 54%, and 8% 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
Daily250%0%50%
4-hour3944%56%0%
Hourly15136%54%10%

NEAR Protocol against the rest

ChartsFoundTarget firstStop firstWent nowhere
NEAR Protocol19238%54%8%
All Crypto charts4,29734%56%9%
Every market6,73437%55%8%

Year by year

YearFoundTarget firstStop first
20213139%48%
20223148%42%
20232635%58%
20243234%56%
20254349%49%
20262917%72%

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 inverted hammer is

After a fall, buyers tried to push up. A first sign of interest.

Imagine a kid who keeps losing a game and finally jumps as high as they can. They land back down, but everyone noticed the jump. An inverted hammer is that jump: after a fall, buyers pushed price up high during the candle, even though it slid back before the close.

The full inverted hammer 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 inverted hammer elsewhere

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

Questions

How often does the inverted hammer work on NEAR Protocol?

In 192 cases on NEAR Protocol, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 54%; 8% went nowhere within 12 candles.

What is the inverted hammer?

After a fall, buyers tried to push up. A first sign of interest.