Does the Bearish Harami work on Cardano?

On Cardano's daily chart, after a bearish harami Cardano fell within 7 days 53% of the time across 134 past cases. On an ordinary day it did so 53% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On CardanoNo edge
53% of 134 casesbaseline 53%
All coinsNo edge
54% of 14,324 casesbaseline 53%
Median move after the pattern +0.64% vs +0.70% from any bar; after a 0.2% round trip of fees +0.44%.

Daily chart

WithinCardanoOrdinary barCasesAll coinsVerdict
24 hours48% (40%–55%)51%17050% vs 51%No edge
30 days54% (43%–65%)55%7058% vs 57%No edge
7 days53% (45%–61%)53%13454% vs 53%No edge

4-hour chart

WithinCardanoOrdinary barCasesAll coinsVerdict
24 hours53% (49%–57%)51%66552% vs 50%No edge
7 days55% (48%–61%)52%25552% vs 51%No edge

1-hour chart

WithinCardanoOrdinary barCasesAll coinsVerdict
24 hours51% (47%–54%)52%81350% vs 49%No edge
4 hours48% (46%–51%)50%159750% vs 49%No edge

How this is measured: each occurrence is counted from the bar where the pattern became knowable, overlapping cases are dropped, and the result is compared with how often Cardano moved the same way from any random bar over the same window. A pattern only earns "beat the baseline" when the difference is larger than luck explains across all the tests we run. Full method.

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