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$CHILLGUY - I think the meat of this move is already over. We’re currently sitting at clear resistance, and longing into a diagonal like this is a low-probability play. Its currently bouncing from D1 EMA13 levels which is obvious for any coin after a nice pump.
The time to build a position was back at $0.008, when those bull divs were clearly confirmed. If you missed that entry, you're better off sitting on your hands right now.
My plan is simple:
Wait for the $0.016 reclaim: I need to see this trendline flipped on the Weekly to be convinced.
Wait for the $0.0083 retest: If we reject here, I’ll be looking for a successful retest of the lows to reconsider.
Honestly, I’m not sure if this run is just temporary relief or if the market is actually out of the woods. I’d rather miss a small chunk of the move than get caught in a trap. For now, I’m sidelined.
We’ll know soon enough.