But it's got to retrace at some point right?
I'm not going to short - I'm not that crazy - but I've taken some profit here as it seems like a logical top for now.
The weekly & daily is pretty maxed out...actually is high pretty much across all timeframes.
Also - not sure if this QUITE qualifies as a because they are usually continuation patterns and there wasn't much history beforehand to say that this is the continuation of an uptrend...but it sure looks like a shape-wise. So I drew it out anyway and found that the target would be right about where we are now.
So I'm hoping for a retrace, because I'll be buying the hell out of it if it drops significantly - the question is how far it'll fall.
Definitely at least setting buy orders around 0.00007 in case it tests the previous high - if that becomes support things will look pretty good for the future.
Good luck & be careful! It may keep going for a while, who knows...no harm in placing some low buy orders though.
Now that it's had some time to consolidate it looks like we might have either a cup & handle or ascending triangle forming.
Posted a new idea with the details.
I'm putting buy orders between 0.000073 and 0.000080