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Markets › Sui › Hammer

Crypto · candlestick pattern

Hammer on Sui

On Sui the hammer showed up 188 times. The target came first 34% of the time, the stop 54%, and 12% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily450%50%0%
4-hour3540%46%14%
Hourly14932%56%12%

Sui against the rest

ChartsFoundTarget firstStop firstWent nowhere
Sui18834%54%12%
All Crypto charts9,05029%59%12%
Every market11,79231%58%10%

Year by year

YearFoundTarget firstStop first
20233142%42%
20246932%55%
20255428%59%
20263438%56%

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 hammer is

After a fall, a long lower wick shows buyers stepped in.

Drop a ball on the floor and it bounces back up. A hammer candle is like that: price fell a lot during the candle, then buyers bounced it back up near where it started. The long tail below shows how far it dropped before the bounce.

The full hammer lesson, video and quiz ›

Other patterns on Sui

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

The hammer elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the hammer work on Sui?

In 188 cases on Sui, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 54%; 12% went nowhere within 12 candles.

What is the hammer?

After a fall, a long lower wick shows buyers stepped in.