Currently, Litecoin/USD looks mid-term because of the following reasons:
- Elliot Waves completed.
- Correction A (of ) seems to be underway with target $60.
- Litecoin halving momentum is dying.
- A perfect has formed.
- A perfect has also formed on BTCUSD pattern; if BTC starts it decline to expected target of $8.5, this would mean LTC price to drop to around $60, which is coincidentally in line with the given target.