# Bullish Pennant

Source: https://chartdatabase.com/research/bullish_pennant/
Markdown: https://chartdatabase.com/research/bullish_pennant.md
Bias: bullish.
Each candle timeframe is a separate sample. The HTML page opens on 1h. Correlation, Fuel, and feature-bin tables below are for that default timeframe. The comparison tables list every timeframe.

## Timeframe comparison

| TF | n | Mean up | Mean down | Up/|Down| | Hit % | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 15m | 289 | 3.709 | -2.258 | 1.643 | 70.93 | 70.93 | 27.68 | 1.39 |
| 1h | 757 | 5.016 | -4.643 | 1.08 | 65.92 | 65.92 | 32.36 | 1.72 |
| 4h | 189 | 12.881 | -8.224 | 1.566 | 67.72 | 67.72 | 30.16 | 2.12 |
| 1d | 32 | 33.914 | -19.994 | 1.696 | 68.75 | 68.75 | 31.25 | 0.0 |

## Timeframe breakdown

| TF | n | Coins | Hit % | BO % | BD % | SW % | Med % | Mean % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 15m | 289 | 214 | 70.93 | 70.93 | 27.68 | 1.39 | 0.07 | 0.644 |
| 1h | 757 | 372 | 65.92 | 65.92 | 32.36 | 1.72 | -0.621 | -0.301 |
| 4h | 189 | 152 | 67.72 | 67.72 | 30.16 | 2.12 | -0.197 | 1.337 |
| 1d | 32 | 31 | 68.75 | 68.75 | 31.25 | 0.0 | 4.351 | 1.355 |

## Feature correlations (1h)

Spearman rank, within this pattern and timeframe. sig marks p < 0.05, p < 0.01, and p < 0.001.

### Breakout success

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| rsi_14 | 0.238 | 0.0 | 757 | *** |
| extension_progress | -0.234 | 0.0 | 757 | *** |
| extension_candle_offset | -0.2294 | 0.0 | 757 | *** |
| current_scale_number | 0.1709 | 2e-06 | 757 | *** |
| momentum_score | 0.1213 | 0.000824 | 757 | ** |
| geom_breakout_potential | -0.0884 | 0.015007 | 757 | * |
| geom_height | 0.0474 | 0.193098 | 757 | — |
| volume_score | 0.0386 | 0.289333 | 757 | — |
| geom_support_slope | 0.0283 | 0.437258 | 757 | — |
| geom_resistance_slope | -0.0244 | 0.502801 | 757 | — |
| btc_dist14_mean | 0.0227 | 0.533773 | 757 | — |

### Breakdown success

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| rsi_14 | -0.2249 | 0.0 | 757 | *** |
| extension_progress | 0.2228 | 0.0 | 757 | *** |
| extension_candle_offset | 0.2195 | 0.0 | 757 | *** |
| current_scale_number | -0.1862 | 0.0 | 757 | *** |
| momentum_score | -0.1112 | 0.002193 | 757 | ** |
| geom_breakout_potential | 0.0973 | 0.007395 | 757 | * |
| geom_height | -0.0302 | 0.406668 | 757 | — |
| btc_dist14_mean | -0.0191 | 0.600479 | 757 | — |
| geom_support_slope | -0.0152 | 0.675739 | 757 | — |
| volume_score | -0.0123 | 0.735054 | 757 | — |
| geom_resistance_slope | 0.011 | 0.761817 | 757 | — |

### Close return

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| geom_resistance_slope | 0.0841 | 0.020693 | 757 | — |
| geom_support_slope | -0.0735 | 0.043095 | 757 | — |
| geom_height | -0.0619 | 0.088785 | 757 | — |
| extension_candle_offset | 0.0582 | 0.109715 | 757 | — |
| momentum_score | -0.0579 | 0.111216 | 757 | — |
| extension_progress | 0.0572 | 0.115857 | 757 | — |
| current_scale_number | -0.0372 | 0.307192 | 757 | — |
| volume_score | -0.0356 | 0.328641 | 757 | — |
| rsi_14 | -0.0324 | 0.373366 | 757 | — |
| geom_breakout_potential | -0.0275 | 0.450474 | 757 | — |
| btc_dist14_mean | 0.0042 | 0.907127 | 757 | — |

### Max-up (MFE)

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| momentum_score | 0.1825 | 0.0 | 757 | *** |
| rsi_14 | 0.1021 | 0.004935 | 757 | * |
| geom_height | 0.0949 | 0.008952 | 757 | * |
| geom_resistance_slope | -0.0714 | 0.049663 | 757 | — |
| geom_support_slope | 0.0677 | 0.062449 | 757 | — |
| geom_breakout_potential | -0.0666 | 0.066925 | 757 | — |
| btc_dist14_mean | 0.0605 | 0.096133 | 757 | — |
| extension_progress | -0.0414 | 0.25523 | 757 | — |
| extension_candle_offset | -0.0399 | 0.273083 | 757 | — |
| volume_score | 0.0333 | 0.360444 | 757 | — |
| current_scale_number | -0.0299 | 0.41151 | 757 | — |

### Max-down (MAE)

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| momentum_score | -0.2116 | 0.0 | 757 | *** |
| geom_resistance_slope | 0.1153 | 0.001482 | 757 | ** |
| rsi_14 | -0.1044 | 0.004051 | 757 | * |
| geom_height | -0.0973 | 0.007365 | 757 | * |
| geom_support_slope | -0.0946 | 0.009211 | 757 | * |
| extension_progress | 0.0811 | 0.025611 | 757 | * |
| extension_candle_offset | 0.0801 | 0.027454 | 757 | * |
| current_scale_number | -0.0689 | 0.058171 | 757 | — |
| geom_breakout_potential | -0.0472 | 0.194914 | 757 | — |
| btc_dist14_mean | 0.0283 | 0.436977 | 757 | — |
| volume_score | -0.0205 | 0.57386 | 757 | — |

## Fuel zones (1h)

### volume score

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Dead Water | 0.00–0.33 | 762 | 4.692 | -4.537 | 60.37 | 36.22 | 1.57 | 1.84 |
| Organic Flow | 0.34–0.66 | 300 | 4.87 | -4.665 | 62.67 | 35.67 | 0.33 | 1.33 |
| The Powder Keg | 0.67–1.00 | 51 | 3.848 | -4.631 | 66.67 | 31.37 | -0.0 | 1.96 |

### momentum score

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Organic Flow | 0.34–0.66 | 898 | 3.997 | -4.246 | 58.02 | 38.98 | 1.11 | 1.89 |
| The Powder Keg | 0.67–1.00 | 215 | 7.641 | -5.956 | 74.88 | 22.79 | 1.4 | 0.93 |

## Feature bins (1h)

### rsi 14

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 30–50 | 30–50 | 43 | 3.207 | -3.103 | 44.19 | 46.51 | 4.65 | 4.65 |
| 50–70 | 50–70 | 1022 | 4.678 | -4.612 | 61.35 | 35.91 | 1.08 | 1.66 |
| 70–90 | 70–90 | 48 | 6.543 | -5.132 | 75.0 | 25.0 | 0.0 | 0.0 |

### height

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Typical | -0.417 – 1.96 | 702 | 4.952 | -4.56 | 67.24 | 30.91 | 1.85 |
| Elevated | 1.96 – 5.68 | 21 | 5.646 | -5.462 | 80.95 | 19.05 | -0.0 |
| Extreme | 5.68 – 860 | 34 | 5.953 | -5.847 | 29.41 | 70.59 | 0.0 |

### Formation age

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Typical | -0.0221 – 0.0761 | 959 | 4.716 | -4.67 | 63.4 | 33.89 | 1.04 | 1.67 |
| Elevated | 0.0761 – 0.129 | 106 | 4.605 | -4.126 | 42.45 | 52.83 | 1.89 | 2.83 |
| Extreme | 0.129 – 0.5 | 48 | 4.61 | -3.696 | 60.42 | 37.5 | 2.08 | 0.0 |

### breakout potential

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | 0.599 – 0.8 | 745 | 5.015 | -4.628 | 66.31 | 31.95 | 1.74 |
| Q2 | 0.8 – 1 | 12 | 5.073 | -5.577 | 41.67 | 58.33 | 0.0 |

### resistance slope

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -72.7 – -0.0078 | 190 | 5.845 | -5.439 | 71.05 | 28.42 | 0.53 |
| Q2 | -0.0078 – -0.000925 | 189 | 5.048 | -4.978 | 62.96 | 35.45 | 1.59 |
| Q3 | -0.000925 – -0.000143 | 190 | 4.32 | -4.514 | 66.84 | 30.53 | 2.63 |
| Q4 | -0.000143 – -2.75e-07 | 188 | 4.849 | -3.632 | 62.77 | 35.11 | 2.12 |

### support slope

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -0.001 – 3.5e-05 | 194 | 4.36 | -3.944 | 61.34 | 36.6 | 2.06 |
| Q2 | 3.5e-05 – 0.000287 | 185 | 4.836 | -4.22 | 67.03 | 30.81 | 2.16 |
| Q3 | 0.000287 – 0.0025 | 194 | 5.396 | -4.867 | 67.01 | 30.93 | 2.06 |
| Q4 | 0.0025 – 32.5 | 184 | 5.488 | -5.57 | 68.48 | 30.98 | 0.54 |

### btc mean

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -4.37 – -0.791 | 279 | 4.484 | -5.0 | 58.06 | 39.78 | 1.44 | 0.72 |
| Q2 | -0.791 – -0.24 | 278 | 4.867 | -4.064 | 64.75 | 32.01 | 0.36 | 2.88 |
| Q3 | -0.24 – 0.117 | 278 | 4.3 | -3.817 | 62.59 | 33.81 | 2.16 | 1.44 |
| Q4 | 0.117 – 3.56 | 278 | 5.155 | -5.423 | 59.71 | 37.77 | 0.72 | 1.8 |

### Pattern scale

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -5.04e+13 – 1.07 | 279 | 4.565 | -4.078 | 46.24 | 50.9 | 1.07 | 1.79 |
| Q2 | 1.07 – 1.42 | 278 | 5.081 | -4.34 | 60.43 | 35.61 | 0.36 | 3.6 |
| Q3 | 1.42 – 2.46 | 278 | 4.596 | -4.874 | 70.14 | 28.42 | 0.36 | 1.08 |
| Q4 | 2.46 – 7.49e+13 | 278 | 4.564 | -5.014 | 68.35 | 28.42 | 2.87 | 0.36 |