Taking a quick look at the Litecoin markets vs Bitcoin.
We can see that there is still selling pressure as the price keeps on hitting resistance on the 200 sma.
Should the bottom of the green channel fail prices will continue to go lower and support will get tested around 0.0069.
Until that happens we are in a nice little uptrend with support currently at 0.0089.
I am bullish on Litecoin vs Bitcoin, long term speaking. Feel free to chat to me on Slack about the crypto markets.