Trading Class

Markets › TRON › Support bounce

Crypto · price-structure setup

Support bounce on TRON

On TRON the support bounce showed up 68 times. The target came first 38% of the time, the stop 53%, 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
4-hour1429%64%7%
Hourly5441%50%9%

TRON against the rest

ChartsFoundTarget firstStop firstWent nowhere
TRON6838%53%9%
All Crypto charts2,18034%55%11%
Every market2,91035%56%10%

Year by year

YearFoundTarget firstStop first
20212438%46%
20221250%50%
2023825%75%
2024650%50%
20251233%58%
2026633%50%

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 support bounce is

Price fell back to a level that stopped it before, and bounced again.

Drop a ball and it bounces off the floor. Support is a price floor where falls stopped before, because buyers were waiting there. A support bounce is when price comes back down to that floor and bounces up again.

The full support bounce 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 support bounce elsewhere

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

Questions

How often does the support bounce work on TRON?

In 68 cases on TRON, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 53%; 9% went nowhere within 12 candles.

What is the support bounce?

Price fell back to a level that stopped it before, and bounced again.