Colored Pencils is one of the easiest media to handle since they're pencils and you can control your strokes well. There are also a lot of available colors to choose from. First, cover the entire drawing with light strokes. Then, you can proceed with the thick lines to add texture and effect to your drawing. You can also add some more details in your drawing like this one. Soft pastel was used for the blue shadow_effect.
Soft Pastels are interesting media to work with. It can also be fun for you can use your own fingers to apply the color or you can use a brush or cotton balls.Just outline the drawing with your chosen color and smudge it with your finger, brush or cotton. You can achieve a soft, hazy look with this just like the one in the picture. Plus, you can actually erase smudges using eraser.