Nothing much have changed since I last wrote about it. LTC is trading pretty close to the long term support line right now, along with a flash crash down to $2 -- 3 hours ago.
Any further downtrend will lead to the worst case scenario of $4.595 which is close to 23% downtrend from here. As always, any spike in LTC price without being supported by any news is simply a pump and dump. Always get out early on a small profit.
On the way to $4, point of no return for now...