LTC is in an ascending wedge and a head and shoulders. The halvening is soon. First target is 69 bucks.
Comment:
LTC tested the .618 Fib at 70 bucks. I expect a rally up before it sees further downside. I expect it to top out near the .5 Fib retracement. If it cannot go higher than that, then LTC would form a descending triangle and a drop down to the .786 Fib at 48 bucks is very likely in the next few weeks or months. My most bearish target is 22 bucks by Q2 of 2020.