SPCX Possibly Breaking up from Descending Channel!Space Exploration Technologies CorpBATS:SPCXPouncer626I am seeing that it looks like a flag in the last few days of info, where its trying to "signal" that it's breaking up from the descending channel back to the POC "Point of Control" Where the Anchored Volume Profile on the right has the biggest peak. My guess is that the Short traders will flip to longs and ride it back to the top of the Volume Profile to Sell probably in a 1+2>3 Fib pattern with a parabolic blow off top somewhere above $200+ then it'll return to the average again and decide what to do next... This will probably occur next week starting midway through monday, and happen a lot faster than the several week downward channel... I could be wrong, the alternative is that it fails to break up out of the channel and breaks down instead, but I wouldn't expect that with SpaceX like I would worry about that with "Un-restricted" Crypto... My Guess is that it'll do a 100% move to the upside over next week Like a literal Rocket Launching! Not financial advice, just speculating based on how I understand how to read the charts... But chart reading is at its core, deceptive... Anything can happen... If it does break down, I would measure it down to the next level on the green VWAP (Which I would turn on to reveal, its off right now)... Good Luck!