If it does go above that .00385 local high, it might kick off a fair bit higher. Watching with interest.... It's been worth market-making (in my tiny way) so far. It's such an unknown quantity, I am more interested in not having expensive bags than accumulating massively.
I haven't explored BitForex but you look like you are at least using its chart, so d'you know if you can check trading stats on Bitforex - like Polo's trading analysis (to show average cost)?
Bitforex is one of those exchanges that fake volume. It's visible in some charts like the one of Platincoin (just randomly looked one up).
Of course that's the most amateurish way to fake volume and it's not visible in other charts like that but please don't support exchanges doing this.
I made it my rule to never use exchanges that fake volume or have done so in the past (and may just hide it better now). This damages everyone - the users, other exchanges and the community as a whole.
Edit: Hotbit is faking volume even more blatantly than Bitforex. Please.
OK - that's news to me, I will research it - do feel free to suggest a better one for Grin?
(edited)