A Shooting Star is a single-candle bearish reversal with a small body near the low and a long upper wick at least twice the body. It shows buyers drove price up but sellers rejected the highs by the close, often near the top of an uptrend.
Follow-through rate — how often price moved in the predicted direction within each window — across 1,900 historical occurrences on 20+ exchanges. Computed June 2026.
| Horizon | Historical win-rate |
|---|---|
| 1 hour | 33% |
| 4 hours | 33% |
| 24 hours | 41% |
| 7 days | 49% |
| Sample size | 1,900 occurrences |
This is a historical follow-through rate, not a trade simulation, and does not guarantee future results. See methodology →
After an advance, price rallies sharply within the candle then falls back to close near the open, leaving a long upper shadow and little lower wick. It is most meaningful at resistance.
Traders look for a confirming red candle or a close below the star’s low to enter short, with a stop above the high. Reliability improves at resistance and with elevated volume.
CryptoPatterns’ scanner detects the shooting star live across 20+ exchanges and every timeframe, tagging each occurrence with the historical win-rate above so you can weigh it in context. See how the scanner works →
Bearish. The long upper wick shows sellers rejecting higher prices near the top of a move, hinting at a reversal lower.
They share the same shape but differ by context: a shooting star forms after an uptrend (bearish), while an inverted hammer forms after a downtrend (potentially bullish).
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