Whales don't follow the "rules/fibs", they follow the plankton/money...want to make money, need to think like a whale as they make a mockery of TA...I mean sure, it's either up or down, 50/50, those odds are good enough, just need to manage risk/loss.
spaciotemporal
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@LoboLoco, i feel you, but retracements are made by the small fish i think
LoboLoco
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@sky1337, maybe, or replacements are just the natural result of waves, numbers, fibonnoci, etc...UNTIL they become manipulated, those parts are unnatural, but eventually order takes over and controls chaos...
@LoboLoco, maybe there are no manipulating whales and the massive drops are just panic sells, who knows, bubbles are bubbles and often have a similar shape. if you use different timeframes even the dotcom bubble matches 80% on the cryptobubble
LoboLoco
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@sky1337, maybe...seems too orchestrated and other little signs which point towards manipulation...big dumps at critical times, 15 min windows...2am EST, etc