The previous trend signal has a very target for the coming 8 months, and there's a possibility of getting a new signal, from a lower starting point. This is indeed, very , and is confirmed by rgmov (not shown here) retracing but not forming a new 44 bar high (we recently had a new 44 bar low).
The Litecoin/Dollar chart is , we have an overbought rally which was clearly rejected, and price sliding down from all support levels, with weekly bars expanding range down. It'd take a miracle to revive Litecoin at this point, and it seems to be eaten alive by the mining supply.
This doesn't discount the possibility of an artificial rally to emerge from lower support levels, or from here but it would take a strong push above this month's high and above both 8 month levels.
It'd be a stretch to have any kind of bias for Litecoin, so, abandon ship, or look to go short if we hit the range expansion level this month, at 0.01079.
Time at Mode FX
The slow death of LTCBTC.
If the blue box fails as support, ltc will continue to fall.