although the stated next fib is around 55 and next support at 52, looking at the channels we can see that current breakdown from the ascending channel
reached it target. Target coincide with the upper rail of the descending channel
, meaning that the price action retested the previous descending channel
that it broke out of and can bounce back up.
But everything depends on BTC
and if BTC
dumps further we can see LTC dumping to around the 52 support.