Does the Three Black Crows work on Avalanche?

On Avalanche's daily chart, after a three black crows Avalanche fell within 7 days 52% of the time across 50 past cases. On an ordinary day it did so 52% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On AvalancheNo edge
52% of 50 casesbaseline 52%
All coinsNo edge
50% of 8,345 casesbaseline 54%
Median move after the pattern +1.49% vs +0.53% from any bar; after a 0.2% round trip of fees +1.29%.

Daily chart

WithinAvalancheOrdinary barCasesAll coinsVerdict
24 hours40% (29%–51%)50%7341% vs 51%No edge
30 days58% (42%–73%)54%3656% vs 58%No edge
7 days52% (39%–65%)52%5050% vs 54%No edge

4-hour chart

WithinAvalancheOrdinary barCasesAll coinsVerdict
24 hours50% (44%–56%)51%28547% vs 50%No edge
7 days54% (47%–62%)52%16052% vs 52%No edge

1-hour chart

WithinAvalancheOrdinary barCasesAll coinsVerdict
24 hours42% (23%–64%)49%1948% vs 50%Too few
4 hours50% (33%–67%)48%3045% 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 Avalanche 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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