#CryptoPickk noted in the chart:
1) The Somnium Space Cubes price has been in a since early November 2021. The price is approaching the apex of the .
2) There is also a rising pattern also noted with the red line forming within the .
3) The price has the potential to re-test the bottom of the trendline which meets the 0.236 level before a nice move upwards. Keep an eye on the $17-$18 range.
4) The ( ) has been supported by a bottom trendline and has potential to re-test it again. This is outlined with the red circle on the chart.
5) The ( ) is hovering in the overbought region but based on prior trends, it may complete a before going back down. However it has potential to go straight down as well, which would bring the price down accordingly.
6) The is low, which may be the reason why a sizable move is coming soon.
7) If the price breaks up out of the , keep an eye on the re-test around the $21-$22 range (where the 0.618 Fib level is) before moving higher.
What are your opinions on this?
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