Does the Three Black Crows work on Polkadot?

On Polkadot's daily chart, after a three black crows Polkadot fell within 7 days 60% of the time across 58 past cases. On an ordinary day it did so 54% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On PolkadotNo edge
60% of 58 casesbaseline 54%
All coinsNo edge
50% of 8,345 casesbaseline 54%
Median move after the pattern +0.77% vs +0.82% from any bar; after a 0.2% round trip of fees +0.57%.

Daily chart

WithinPolkadotOrdinary barCasesAll coinsVerdict
24 hours45% (35%–56%)51%8641% vs 51%No edge
30 days67% (51%–79%)59%3956% vs 58%No edge
7 days60% (47%–72%)54%5850% vs 54%No edge

4-hour chart

WithinPolkadotOrdinary barCasesAll coinsVerdict
24 hours47% (41%–53%)51%30247% vs 50%No edge
7 days55% (47%–62%)53%16252% vs 52%No edge

1-hour chart

WithinPolkadotOrdinary barCasesAll coinsVerdict
24 hours50% (31%–69%)50%2448% vs 50%Too few
4 hours48% (32%–65%)48%3145% 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 Polkadot 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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