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Markets › TRON › Hammer

Crypto · candlestick pattern

Hammer on TRON

On TRON the hammer showed up 319 times. The target came first 34% of the time, the stop 57%, and 9% went nowhere within 12 candles.

Counted on TRON (TRX/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily714%71%14%
4-hour5641%45%14%
Hourly25632%59%8%

TRON against the rest

ChartsFoundTarget firstStop firstWent nowhere
TRON31934%57%9%
All Crypto charts9,05029%59%12%
Every market11,79231%58%10%

Year by year

YearFoundTarget firstStop first
20215623%68%
20225829%59%
20235233%54%
20246939%52%
20255443%54%
20263033%57%

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 TRON

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · MACD bearish cross · Doji · Volume profile rejection · EMA 9/21 bullish cross · MACD bullish 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 TRON?

In 319 cases on TRON, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 57%; 9% went nowhere within 12 candles.

What is the hammer?

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