BTC 3PDH also had a 3PDH at 69K. market psychology is also the same. 11-8k target
After all the work to put this together, there are some fatal flaws to the fit! So possibly not worth a lot... but for posterity lets see where it goes!
The 3PDH chart pattern demonstrates how markets tend to come off a low and move up until a resistance point is reached (point 3). Then after two attempts to move higher (points 5 and 7) there is a sell-off to point 10. This is the “Separating Decline” that separates the Three Peaks from the Domed House. Point 10 is always lower than either point 4 or 6, often...
Lindsay gave only one example of a longer-than-normal Domed House/ formed in 1968/. 255 days instead of 221/224 from the bottom to the Coupola. Perhaps that we see another case. But first on Wednesday, our aunt must be a very dovish. GL! thepatternsite.com
Is it possible that one domed house was part of another? Formation for the careful observation. thepatternsite.com en.wikipedia.org
On the chart, we see two very strong patterns: Three Peaks and Domed House /bearish/ and Descending Broadening Wedge /bullish/. One of them is lying. en.wikipedia.org thepatternsite.com thepatternsite.com
Three Peaks and Domed House - formation that constantly amazes me. Its author - George Lindsay - was a stock guru in the 1960s & 1970s - and his works still are valid. 3PDh will work this time? thepatternsite.com www.amazon.com