Does the Bullish Engulfing work on Worldcoin?

On Worldcoin's daily chart, after a bullish engulfing Worldcoin rose within 7 days 42% of the time across 53 past cases. On an ordinary day it did so 42% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On WorldcoinNo edge
42% of 53 casesbaseline 42%
All coinsNo edge
45% of 14,571 casesbaseline 46%
Median move after the pattern -2.92% vs -2.50% from any bar; after a 0.2% round trip of fees -3.12%.

Daily chart

WithinWorldcoinOrdinary barCasesAll coinsVerdict
24 hours42% (30%–54%)46%6048% vs 48%No edge
30 days41% (25%–59%)41%2743% vs 42%Too few
7 days42% (29%–55%)42%5345% vs 46%No edge

4-hour chart

WithinWorldcoinOrdinary barCasesAll coinsVerdict
24 hours45% (40%–50%)46%34348% vs 49%No edge
7 days34% (27%–43%)41%12248% vs 48%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 Worldcoin 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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