The 50/100 Week moving average is due to cross going into December. I could see us ranging into the existing channel until we get to the end of the year when this narrative picks up and we start moving towards the upside once again. There will be 6 months to go before the halving and the narrative will no doubt gain momentum as we go towards it.
As you can see, this cross has happened before the previous halving and was accompanied by a huge kick to the upside. I continue to maintain that we will see a move towards all-time highs faster than we saw in previous halving, due to better information out in the market place such as the Stock to flow model and because we already know that Litecoin moved earlier than in previous cycles when it had its halving.