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Crypto · indicator signal

Fibonacci bounce up on Toncoin

On Toncoin the fibonacci bounce up showed up 114 times. The target came first 32% of the time, the stop 59%, and 9% went nowhere within 12 candles.

Counted on Toncoin (TON/USDT): daily candles from August 2024, 4-hour candles from August 2024 and hourly candles from August 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily60%83%17%
4-hour1436%43%21%
Hourly9434%60%6%

Toncoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Toncoin11432%59%9%
All Crypto charts10,93633%58%9%
Every market16,35735%58%8%

Year by year

YearFoundTarget firstStop first
20242934%59%
20255527%62%
20263040%53%

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 Toncoin

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile bounce · Volume profile rejection · MACD bearish cross · MACD bullish 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 Toncoin?

In 114 cases on Toncoin, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 59%; 9% 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.