LTC couldn't hold the uptrend through the weekend, It really can go either way. Staying neutral, but LTC is at its high when pegged against BTC. The whole Litepay thing fell apart, so I'd short with with break through the bottom trend line. This is a game of probabilities.
We had a chance last week, looked good thru Friday, bit of a failure to clear the $9,100 level, led to the Retrancement. I'd watch the Descending triangle for a move up through the top trend line. If that happens 9,800 would be my target.
Buys are in trade is long.
It's a good trade.
Pending: