Let's look at the mother-of-all-whales, BTC.
Right now there is a short-term inverse head-and-shoulders about to complete above a breakout of 524 on BitStamp. From there the target (T1) is just over 560....well if it breaks above 545 it will also trigger a larger inverse head-and-shoulders pattern which targets about 610 (T2).
Something to keep an eye on.
JL
Something fishy these days...
Was looking at Bitfinex, big players forcing traders into positions where they will get burned.
Similar fatwallet games in LTC market.