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Crypto · indicator signal

Volume profile bounce on Optimism

On Optimism the volume profile bounce showed up 1,420 times. The target came first 35% of the time, the stop 59%, and 6% 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
Daily2924%72%3%
4-hour28433%60%6%
Hourly1,10736%59%6%

Optimism against the rest

ChartsFoundTarget firstStop firstWent nowhere
Optimism1,42035%59%6%
All Crypto charts50,19835%58%7%
Every market61,33036%58%6%

Year by year

YearFoundTarget firstStop first
202216734%63%
202336937%59%
202433437%58%
202532035%57%
202623031%63%

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 volume profile bounce is

Price fell back to the price where the most trading happened, and bounced.

Imagine a market stall where most shoppers agreed on a fair price all week. When the price drops back to that fair price, shoppers who know it is a good deal rush in, and the price climbs again. The point of control is the price where the most trading happened, and a volume profile bounce is when price falls back to or near it and bounces up.

The full volume profile bounce lesson, video and quiz ›

Other patterns on Optimism

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

The volume profile bounce elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Dow Jones · S&P 500 · Sony · Gold · Silver

Questions

How often does the volume profile bounce work on Optimism?

In 1,420 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 59%; 6% went nowhere within 12 candles.

What is the volume profile bounce?

Price fell back to the price where the most trading happened, and bounced.