Trading Class

Markets › Optimism › Bollinger breakout down

Crypto · indicator signal

Bollinger breakout down on Optimism

On Optimism the bollinger breakout down showed up 219 times. The target came first 42% of the time, the stop 56%, and 3% went nowhere within 12 candles.

Counted on Optimism (OP/USDT): daily candles from June 2022, 4-hour candles from June 2022 and hourly candles from June 2022.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily3100%0%0%
4-hour3847%50%3%
Hourly17839%58%3%

Optimism against the rest

ChartsFoundTarget firstStop firstWent nowhere
Optimism21942%56%3%
All Crypto charts8,31241%55%4%
Every market11,44941%56%3%

Year by year

YearFoundTarget firstStop first
20223040%57%
20234536%62%
20245044%52%
20255547%51%
20263938%59%

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 bollinger breakout down is

After a tight squeeze, price closed below the lower band.

Squeeze a spring tight and it can jump in any direction when you let go. Bollinger Bands squeeze close together when prices are calm. After a tight squeeze, a close below the bottom band is like the spring snapping downward.

The full bollinger breakout down lesson, video and quiz ›

Other patterns on Optimism

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

The bollinger breakout down elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the bollinger breakout down work on Optimism?

In 219 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 56%; 3% went nowhere within 12 candles.

What is the bollinger breakout down?

After a tight squeeze, price closed below the lower band.