LeMogwai

19/08 -> 26/08 | Improved prediction + change in BIG's strategie

Short
MTGOX:BTCUSD   Bitcoin
UPDATE (23/08) -> Access to the updated chart of this idea : www.tradingview.com/e/ZORd4GME/ ( the image format : )

Short description :
(1) start of the push
(2) touch of 123 (red ring)
(3) fast drop+stabilisation at 117-119
(4) BIG push to 133-137
(5) fast drop+stabilisation at 126-129

Big's Strategie :

As predicted in my last idea, we faced (again) to a massive push from BIG.

I first thought he would want to touch at least 124. Instead we goes only to 123.
I added a gann (i hope the settings are right) that now provide additional informations about the BIG's strategie.

As we can see, the rise was really quick and once 123 was touched (red ring), the support litteraly vanished some hours after :
- touch of 123 : www.rtcons.com/wall/15936.7.png
- 2 millions $ were pulled from the bid sum : www.rtcons.com/wall/15936.9.png

I predicted such possibilities in my last prediction, i said that BIG was losing a lot of money because of the support wall that get slowly eaten after a push. He didn't made the same mistakes this time.

So BIG did an efficient push without spending more money than the one needed.

Wich make me think that he keeps chips (at least more than 2 millions) for another wave, this one will be bigger and will probably trigger a lot of panic buy.

I predicted a drop and a stabilisation to 115, it seems that the market has stabilized at 117-119 wich is pretty good because it means that a lot of people a convinced of long term rise. So maybe the drop at 125 is quite pessimistic (5)

Hope it will fit enought to the next move.
Trade safe, beware of the whales.

UPDATE (21/08) -> after some verification of the gann settings, the timing could change a little bit. the part (4) would be placed around the 25 august, (5) would be moved in consequences.
see this chart : the white line is a strong resistance which mean that the price will maybe not go under it.
Sorry for the mistake, i would be more precise in the next chart.

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