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Crypto · indicator signal

OBV bullish divergence on Optimism

On Optimism the obv bullish divergence showed up 195 times. The target came first 37% of the time, the stop 54%, 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

TimeframeFoundTarget firstStop firstWent nowhere
Daily944%44%11%
4-hour3642%53%6%
Hourly15035%55%9%

Optimism against the rest

ChartsFoundTarget firstStop firstWent nowhere
Optimism19537%54%9%
All Crypto charts6,27334%56%10%
Every market8,28036%55%9%

Year by year

YearFoundTarget firstStop first
20222934%52%
20234146%46%
20245328%64%
20254141%49%
20263135%58%

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 obv bullish divergence is

Price made a lower low, but volume flow made a higher low. Sellers were running out of force.

Imagine a tug of war where one team pulls the rope lower, but fewer and fewer people are pulling with them. OBV counts how much trading pushes price up versus down. A bullish divergence is when price makes a lower low, but OBV does not follow it down.

The full obv bullish divergence 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 obv bullish divergence elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Sony

Questions

How often does the obv bullish divergence work on Optimism?

In 195 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 54%; 9% went nowhere within 12 candles.

What is the obv bullish divergence?

Price made a lower low, but volume flow made a higher low. Sellers were running out of force.