Unlike BTC or Eth, LTC has fully corrected the move up.
There is little to no room to go.
Let's remember that back in 2013 LTC made a high (top of wave I in the supercyle) at 65, this shouldn't be overlap.
While going up price was following a , usual those correct to fib 0.5, this is a bit harsh of a correction for a wave 2, but nothing's wrong with that.
While going down, and have shown on H4 and D1
We have now something that could turn into a ( lower on second trough, increasing buy on the way to the peak)
The first TL is almost broken and the second is very near.
This is a trade i'd like to take, because the risk is very little (we shouldn't go below 70 for this to work) and we can have a clear SL for the idea
What's interesting is, you'll find similar pattern in some alt, and that come with same analysis.