VTX Charting : The Next Move?

Hope you all had  a great week and having a great weekend.

The next week or two coming up (or this week if an announcement is to be released) , should be an extremely interesting & significant time for VTX that may confirm ST direction.

-Safe & obvious to say the previous breakout wasn't sustainable as the candles & volume afterwards hasn't indicated otherwise.
-Its been a great week with volume settling nice and low followed by a bump, suggesting supply is in low numbers. " The calm before the storm" is often used around here to describe this.
-This time around, we are beginning to form a nice uptrend channel at a slow and steady pace. Something that has not been done effectively over the past month.
-Following the channel would suggest that VTX would form a base in the 5s this week.
-An Upward breakout at the 6.3 resistance may see us retest highs within a short period.
-News is also expected anyday now which determine movement direction.

-On the other side of the dice in the other possible but more unlikely scenario imo..  If  the channel does not hold followed by a failed retest of  support, this may complete the head & shoulders pattern which will technically (but may not practically) push us back to target of under 3.5 (would often require alot of volume(supply) on the downward breakout otherwise could be another shakeout) . For the sake of holders, lets not get there.

Here is another chart  I have put together with further explanations.






Should be a very interesting period coming up

Cheers