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Crypto · indicator signal

Fibonacci bounce up on Shiba Inu

On Shiba Inu the fibonacci bounce up showed up 382 times. The target came first 26% of the time, the stop 60%, and 14% went nowhere within 12 candles.

Counted on Shiba Inu (SHIB/USDT): daily candles from May 2021, 4-hour candles from May 2021 and hourly candles from May 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily166%69%25%
4-hour5627%57%16%
Hourly31027%60%13%

Shiba Inu against the rest

ChartsFoundTarget firstStop firstWent nowhere
Shiba Inu38226%60%14%
All Crypto charts10,93633%58%9%
Every market16,35735%58%8%

Year by year

YearFoundTarget firstStop first
20214633%46%
20228034%52%
20238313%69%
20246037%53%
20255929%64%
20265415%70%

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 fibonacci bounce up is

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.

Imagine climbing a hill, sliding back about halfway, then catching your footing and climbing again. Fibonacci levels mark how far back price slid compared with the climb. A Fibonacci bounce up is when price slides back into the 50% to 61.8% zone and bounces.

The full fibonacci bounce up lesson, video and quiz ›

Other patterns on Shiba Inu

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

The fibonacci bounce up 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 fibonacci bounce up work on Shiba Inu?

In 382 cases on Shiba Inu, the target (1.5 × ATR) came before the stop (1 × ATR) 26% of the time and the stop came first 60%; 14% went nowhere within 12 candles.

What is the fibonacci bounce up?

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.