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Crypto · indicator signal

Stochastic bullish cross on Optimism

On Optimism the stochastic bullish cross showed up 2,095 times. The target came first 32% of the time, the stop 59%, 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
Daily6431%52%17%
4-hour40831%60%9%
Hourly1,62333%59%9%

Optimism against the rest

ChartsFoundTarget firstStop firstWent nowhere
Optimism2,09532%59%9%
All Crypto charts67,85233%57%9%
Every market98,04135%57%8%

Year by year

YearFoundTarget firstStop first
202225930%61%
202340433%58%
202448231%59%
202553434%56%
202641632%61%

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 bullish cross is

Below 20, the fast stochastic line crossed above the slow one.

Imagine a swing that has gone as far back as it can and starts to come forward again. The stochastic is a gauge from 0 to 100 that shows where price closed compared with its recent highs and lows. Below 20 means price is near the bottom of its recent range, and a bullish cross there hints the swing may be turning.

The full stochastic bullish cross lesson, video and quiz ›

Other patterns on Optimism

Inside bar · Stochastic bearish 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 bullish 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 bullish cross work on Optimism?

In 2,095 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 59%; 9% went nowhere within 12 candles.

What is the stochastic bullish cross?

Below 20, the fast stochastic line crossed above the slow one.