Litecoin 1M Average Directional Index is above 20, suggesting a trend is taking hold
+DI (Green) found support at the ADX and is now rising, similar to 2017
Note that the ADX failed to fall below a reading of 20 in 2020, resulting in a weak rally
Only in 2024 did the ADX signal the original trend from 2017 ended and a new one beginning
+DI (Green) found support at the ADX and is now rising, similar to 2017
Note that the ADX failed to fall below a reading of 20 in 2020, resulting in a weak rally
Only in 2024 did the ADX signal the original trend from 2017 ended and a new one beginning