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Crypto · candlestick pattern
Dragonfly doji on Optimism
On Optimism the dragonfly doji showed up 35 times. The target came first 31% of the time, the stop 60%, and 9% 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 | 7 | 29% | 57% | 14% |
| Hourly | 28 | 32% | 61% | 7% |
Optimism against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Optimism | 35 | 31% | 60% | 9% |
| All Crypto charts | 1,036 | 28% | 61% | 11% |
| Every market | 1,304 | 30% | 60% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 6 | 17% | 83% |
| 2023 | 6 | 33% | 67% |
| 2024 | 11 | 27% | 55% |
| 2025 | 5 | 40% | 40% |
| 2026 | 7 | 43% | 57% |
The last 8 times
- 2 Oct 2026, 22:00 UTC · hourly · target first after 2 candles
- 10 Sep 2026, 16:00 UTC · hourly · stop first after 7 candles
- 23 Jun 2026, 08:00 UTC · 4-hour · target first after 4 candles
- 23 May 2026, 12:00 UTC · hourly · target first after 2 candles
- 18 May 2026, 00:00 UTC · hourly · stop first after 6 candles
- 6 Mar 2026, 16:00 UTC · 4-hour · stop first after 6 candles
- 27 Feb 2026, 22:00 UTC · hourly · stop first after 8 candles
- 22 Nov 2025, 04:00 UTC · 4-hour · went nowhere
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 dragonfly doji is
Sellers pushed price far down, buyers pushed it all the way back.
Throw a yo-yo down and it zooms all the way back up to your hand. A dragonfly doji is like that: price dropped far during the candle, then buyers pulled it all the way back up to where it opened. It looks like a letter T, or a dragonfly with its wings at the top.
The full dragonfly doji 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 dragonfly doji elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot
Questions
How often does the dragonfly doji work on Optimism?
In 35 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 31% of the time and the stop came first 60%; 9% went nowhere within 12 candles.
What is the dragonfly doji?
Sellers pushed price far down, buyers pushed it all the way back.