Of course this scenario would be invalidate if the price would manage to rebound and break the resistent line of the mini . But from all indicator shown, to all litecoin passengers, please fasten your seatbelt.
LTC 4H chart candle currently holding on in 61,8% retracement with the RSI at oversold area. But from the daily chart, MACD and RSI looking not so good with MACD already at bearish divergence and RSI breaking the support into the bearish zone.
I predict all comes to the volume that play the key part of where the trend will continue. If today daily candle closes below the 61,8% with increasing volume then we'll see a test towards 78,6%. The significant the amount will affect the velocity on touching below support. Keep an eye about this crucial candle for today.