BTC 3P & DH
The 3 Peaks & Domed House is a 28 point pattern spanning months...
This is a remake of a post I made way before I had a handle on the very complex nature of the subject.
My main objective is to simply have a record of idea.
I have been studying the concept with the research of Thomas Bulkowski - thepatternsite.com
There is a lot of subjective interpretation so take it with a grain of salt! But the longer I have followed it the more is seems to make sense.
There are so many bizarre aspects and odd numerical coincidences to this, it is really quite fascinating!
POINT 14
-The one we are currently waiting to confirm, is very important because the peak of the pattern comes 7 months and 10 days after that!
Current contender is the 12th MAY, puts the top, the week before Christmas!
POINTS 15 - 27
- All speculatively placed based on the patterns general shape.
- I also made the top of the domed house a double top with Sept 22 because it seemed to fit.
- Note the levels of the various speculative numbers match prior support & resistance.
- The pattern shape says it could go much higher...
POINT 28
- The research indicates price will return to Point 10 - $15,500
- Timing probably mirroring the time from 10 to 23...
- Difference between Point 10 - Nov 21, 2022 and Point 23 (est) Dec 22, 2023:
- 1 years 1 months 1 days
- This would put Point 28 somewhere around the end of Jan 2024
Its not easy to keep track of this much information... I think / hope I have done a better job this time.
I will add some comments about possible entry on a smaller time frame chart!
