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Crypto · indicator signal

Death cross on Optimism

On Optimism the death cross showed up 157 times. The target came first 34% of the time, the stop 55%, and 10% 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
Daily30%100%0%
4-hour3027%60%13%
Hourly12437%53%10%

Optimism against the rest

ChartsFoundTarget firstStop firstWent nowhere
Optimism15734%55%10%
All Crypto charts5,15037%53%9%
Every market7,25336%55%8%

Year by year

YearFoundTarget firstStop first
20222236%45%
20233139%55%
20243741%51%
20253826%63%
20262931%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 death cross is

The 50-period average crossed below the 200-period average.

Imagine your average test score from the last few weeks dropping below your average for the whole year. It means things have been going worse lately. A death cross is when the average price of the last 50 candles falls below the average of the last 200 candles.

The full death cross 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 death cross elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · GBP/USD · EUR/JPY

Questions

How often does the death cross work on Optimism?

In 157 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 55%; 10% went nowhere within 12 candles.

What is the death cross?

The 50-period average crossed below the 200-period average.