Continuation of previous idea (still in Rising French Channel)
This is merely a little look back. Litecoin is still holding strong and abiding the rising french channel. Small adjustments might have been made to the lines though that's irrelevant.
Keypoints:
— Perhaps litecoin is looking towards a pullback short term before preparing long term bull run.
— As before crossing 200MA, pullback, declining volume before bull run. This might be the beginning of phase 2, who knows.
—ADX trend not confirmed, below 25, or strong but leans towards D+ positive.
— Long term still bullish.
Keypoints:
— Perhaps litecoin is looking towards a pullback short term before preparing long term bull run.
— As before crossing 200MA, pullback, declining volume before bull run. This might be the beginning of phase 2, who knows.
—ADX trend not confirmed, below 25, or strong but leans towards D+ positive.
— Long term still bullish.
