Currently, Litecoin/USD looks bearish mid-term because of the following reasons:
Elliot Waves completed.
Correction A (of ABC) seems to be underway with target $60.
Litecoin halving momentum is dying.
A perfect Head and Shoulders has formed.
A perfect Head and Shoulders 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.
zona de control