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Crypto · chart pattern
Double bottom on Optimism
On Optimism the double bottom showed up 93 times. The target came first 39% of the time, the stop 56%, and 5% 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
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| 4-hour | 13 | 15% | 54% | 31% |
| Hourly | 80 | 42% | 56% | 1% |
Optimism against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Optimism | 93 | 39% | 56% | 5% |
| All Crypto charts | 3,294 | 36% | 58% | 6% |
| Every market | 4,672 | 37% | 57% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 10 | 20% | 70% |
| 2023 | 28 | 29% | 71% |
| 2024 | 19 | 42% | 47% |
| 2025 | 17 | 53% | 41% |
| 2026 | 19 | 47% | 47% |
The last 8 times
- 5 Oct 2026, 17:00 UTC · hourly · target first after 3 candles
- 27 Sep 2026, 23:00 UTC · hourly · stop first after 1 candle
- 25 Sep 2026, 16:00 UTC · 4-hour · went nowhere
- 22 Sep 2026, 17:00 UTC · hourly · target first after 5 candles
- 10 Aug 2026, 17:00 UTC · hourly · stop first after 4 candles
- 10 Aug 2026, 15:00 UTC · hourly · target first after 2 candles
- 10 Aug 2026, 10:00 UTC · hourly · target first after 7 candles
- 10 Aug 2026, 06:00 UTC · hourly · stop first after 9 candles
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 double bottom is
Two lows at the same level, then a break above the peak between them.
Jump on a trampoline and you sink to the same low spot twice, but the second push sends you higher than before. A double bottom looks like the letter W: two lows at the same level with a hill between them. When price climbs above that hill, the W is complete.
The full double bottom 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 double bottom elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · EUR/JPY
Questions
How often does the double bottom work on Optimism?
In 93 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 56%; 5% went nowhere within 12 candles.
What is the double bottom?
Two lows at the same level, then a break above the peak between them.