Interesting chart this one - difficult to make sense of the current, likely corrective, price action. Higher time frame I am expecting another wave up (wave 5 of 5), for which the ideal target is just under $0.027 but the move could be truncated and only achieve $0.02 to still be a valid wave 5. Within this correction, I feel that we are likely to bounce to the orange dotted line as a result of confluence I have observed with the Fib targets but it is only an educated guess at present; price could easily drop much lower to $0.0045 or less. The short term risk of this is low I think because of the wider market picture, which suggests we bounce before making a final low and then resume the uptrend for one more high.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.