Volume:huge selling climax at the left shoulder then volume dies down until finally it picks up when the price goes back up to the neckline for the first time. Then again volume dies down, and if you compare the volume in forming the head compared to the first climax, it is MUCH lower. Then as the price approaches the neckline for a second time we get the most volume since the first selling climax. Then volume dies down again as we come down for the right shoulder. And then on the next green candle it finally comes back trumping the volume on the way down.
BBands: since wave 1 down took us below the middle bb line and came back up to make it resistance, we spent a LONG time underneath. Eventually we came back up to test it and failed for the first neckline test (and wave a). Then finally on the second neckline attack we broke through this major resistance, and now we have come back down to test it and (I expect) make it support.
no new appliance, no new features, no powerful dev group but just several parttime students, and charlie lee and other devs' just know bluffing "make litecoin great again" while code nothing. seems the future of ltc not that promising, at least compared with eth or some other new feather coins.
even thought technically ltc/fiat or ltc/btc lies in the bottom phase, the bottom can last even longer, for some other bearish years.
possibly it's better no invest more in some other items.
however, when I look more at the development, I do feel sad. This dev team just talk too much while code too little, they think too much about the idea of CT, about the idea of litecoins in envelope, they just code shit.
feel quite frustrated about that, even though I'm still holding my long position.