LTC has had many opportunities to pull out of the BEAR market and FAILED. It looks like the structure will be tested soon on the MAJOR trendline
. It could pull out on this, but I doubt it due to the amount of downward pressure and the SUPPORT line that many traders know is not too far away. I'm expecting LTC to flatten out before a proper Elliot Wave
can be formed.
PS Litecoin is my favorite coin and I see it hitting 2-3k by June 2018. HODL :)