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Crypto · chart pattern

Double top on Pepe

On Pepe the double top showed up 93 times. The target came first 33% of the time, the stop 55%, and 12% went nowhere within 12 candles.

Counted on Pepe (PEPE/USDT): daily candles from May 2023, 4-hour candles from May 2023 and hourly candles from May 2023.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
4-hour1942%53%5%
Hourly7431%55%14%

Pepe against the rest

ChartsFoundTarget firstStop firstWent nowhere
Pepe9333%55%12%
All Crypto charts3,43440%53%7%
Every market4,64138%55%7%

Year by year

YearFoundTarget firstStop first
20231625%62%
20243037%57%
20253540%49%
20261217%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 double top is

Two peaks at the same height, then a break below the dip between them.

Imagine climbing a wall, slipping back, then reaching the same spot again before sliding down even further. A double top looks like the letter M: two peaks at the same height with a dip between them. When price falls below that dip, the M is complete.

The full double top lesson, video and quiz ›

Other patterns on Pepe

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

The double top elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · GBP/USD · EUR/JPY

Questions

How often does the double top work on Pepe?

In 93 cases on Pepe, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 55%; 12% went nowhere within 12 candles.

What is the double top?

Two peaks at the same height, then a break below the dip between them.