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Crypto · indicator signal

Stochastic bearish cross on Optimism

On Optimism the stochastic bearish cross showed up 1,974 times. The target came first 34% of the time, the stop 59%, and 7% 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
Daily4536%60%4%
4-hour37334%61%6%
Hourly1,55634%59%7%

Optimism against the rest

ChartsFoundTarget firstStop firstWent nowhere
Optimism1,97434%59%7%
All Crypto charts72,57736%57%7%
Every market108,29636%58%7%

Year by year

YearFoundTarget firstStop first
202219937%57%
202342932%61%
202448035%57%
202552835%60%
202633834%60%

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 stochastic bearish cross is

Above 80, the fast stochastic line crossed below the slow one.

Imagine a swing that has gone as high as it can and starts to come back. A stochastic above 80 means price closed near the top of its recent range. A bearish cross there hints the swing may be turning back down.

The full stochastic bearish cross lesson, video and quiz ›

Other patterns on Optimism

Inside bar · Stochastic bullish cross · Spinning top · Volume profile bounce · Volume profile rejection · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The stochastic bearish cross elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the stochastic bearish cross work on Optimism?

In 1,974 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 59%; 7% went nowhere within 12 candles.

What is the stochastic bearish cross?

Above 80, the fast stochastic line crossed below the slow one.