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Crypto · chart pattern

Head and shoulders on Pepe

On Pepe the head and shoulders showed up 33 times. The target came first 39% of the time, the stop 48%, 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-hour540%60%0%
Hourly2839%46%14%

Pepe against the rest

ChartsFoundTarget firstStop firstWent nowhere
Pepe3339%48%12%
All Crypto charts1,37538%54%8%
Every market1,90538%55%7%

Year by year

YearFoundTarget firstStop first
2023540%60%
20241060%40%
2025633%33%
20261225%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 head and shoulders is

Three peaks with the middle one highest, then a break below the neckline.

Picture a person's head and two shoulders from behind: a shoulder, a taller head, then another shoulder. A head and shoulders pattern is three price peaks shaped like that. When price falls below the line under the shoulders, called the neckline, the pattern is complete.

The full head and shoulders 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 head and shoulders elsewhere

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

Questions

How often does the head and shoulders work on Pepe?

In 33 cases on Pepe, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 48%; 12% went nowhere within 12 candles.

What is the head and shoulders?

Three peaks with the middle one highest, then a break below the neckline.