It's important to look at to see the clues these whales leave. There have been 2 bursts in after the initial pump and we've seen relatively large moves as a result. In my opinion, this is the whale clearing sell limits and preparing for his next pump. Targets are stratosphere, but for now I'm focused on this local bottom. If we break out I will update the chart with targets.
It's important to recognize when Whale's are in the water because it's the only sure fire way to KNOW where prices will react. If someone has the means to defend the price at which they purchase, they will.
They are based on structure. These are just an idea because its hard to say how the price will behave once reaching these levels. I will be taking profit of around 15% 1st target 20% 2nd 25%3rd and I'm not sure for the last targets it just depends how price is moving.