Will HEX breakout of year long channel UP or Down ?

Will HEX breakout of year long channel UP or Down ?

If everyone staking HEX takes profit and sells during this possible breakout move. The price will go down. UNLESS there is enough interest to drive new buyers to HEX to absorb those who sell HEX.
*ALSO if the price starts to go up, Stakers could initiate a new stake and forego pulling profit out.