Dragonfly Doji candlestick
What it shows
Open, high and close all sit at the top of the session and a single long wick hangs beneath them. Price was pushed well below where it started and every bit of that decline was bought back before the close. The session ends at its own high with no body at all.
Measured, not claimed
31%
Five daily candles after this candle, price had risen in 31% of the 90 cases we measured.
32 crypto markets on Kraken, daily candles, 2013–2026. “Risen” means a rise larger than half that market's typical five-candle move.
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