It's looking great imo! Needs a little bit of cleaning up lines and sorting out symmetry (like how the head is a little uneven). If I'm having problems making the head seem even, I usually choose a point/line that will be the parting, then draw the hair coming from that point. It's hard to explain, but basically it just makes the hair looks more voluminous haha. Also I think the hand on the right wouldn't poke through the cloak so much..? again i'm not sure how to explain really. but if you try pushing your hand against some cloth yourself gently (like a curtain or bed sheet) you'd see that it has a sort of tent effect, more like how the hand on the left pokes through.
Also, don't be afraid to try shading with different colours. For example, you could use a more red/pink for the face. Maybe a little pink blush on the cheeks could also make the chibi a lot cuter! Experimenting with different line colours can also be a lot of fun.
Overall I think you're definitely getting somewhere! I like the detail on the cloak and how you handled the feet differently to most other chibi artists. This is all just what I would do so don't think you have to do anything I'm suggesting, I don't do chibis so I'm not a great help but I do follow an artist who makes really amazing speed paints/tutorials!
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