Markets › Optimism › Double top
Crypto · chart pattern
Double top on Optimism
On Optimism the double top showed up 96 times. The target came first 32% of the time, the stop 62%, 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 |
|---|---|---|---|---|
| Daily | 3 | 0% | 67% | 33% |
| 4-hour | 24 | 62% | 38% | 0% |
| Hourly | 69 | 23% | 71% | 6% |
Optimism against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Optimism | 96 | 32% | 62% | 5% |
| All Crypto charts | 3,434 | 40% | 53% | 7% |
| Every market | 4,641 | 38% | 55% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 12 | 42% | 58% |
| 2023 | 13 | 46% | 46% |
| 2024 | 27 | 37% | 59% |
| 2025 | 24 | 29% | 58% |
| 2026 | 20 | 15% | 85% |
The last 8 times
- 18 Jul 2026, 15:00 UTC · hourly · stop first after 3 candles
- 18 Jul 2026, 13:00 UTC · hourly · stop first after 5 candles
- 13 Jul 2026, 20:00 UTC · hourly · stop first after 4 candles
- 13 Jul 2026, 17:00 UTC · hourly · stop first after 2 candles
- 1 Jul 2026, 18:00 UTC · hourly · stop first after 2 candles
- 28 Jun 2026, 21:00 UTC · hourly · stop first after 1 candle
- 20 Jun 2026, 17:00 UTC · hourly · stop first after 4 candles
- 19 Jun 2026, 16:00 UTC · hourly · stop first after 8 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 top is
Two peaks at the same height, then a break below the dip between them.
Imagine climbing a wall, slipping back, then reaching the same spot again before sliding down even further. A double top looks like the letter M: two peaks at the same height with a dip between them. When price falls below that dip, the M is complete.
The full double top 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 top elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · GBP/USD · EUR/JPY
Questions
How often does the double top work on Optimism?
In 96 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 62%; 5% went nowhere within 12 candles.
What is the double top?
Two peaks at the same height, then a break below the dip between them.