Honestly, I am likely wrong, with today's little pump we have tested that upwards trending line in my images 3 times and stayed above it. This means it will probably start trending upwards. I plan to buy when it hits that line in future and sell 50% of my holding when it gets too high above and repeat.
I looked at Haejins logic and he has the same logic I have behind decentralised exchanges. I think 342 USD is slightly insane, but I also think it will be worths tens of dollars sometime in the future