Rejection on the 1D Lower High. Short.

LTC broke the 1H Rectangle but remained neutral on 4H (RSI = 53.129, STOCH = 53.528, Williams = -49.470) as despite the pattern break out, it was rejected off the Lower High (projevted yellow line) of the 1D Channel Down (RSI = 40.568, MACD = -7.614). This is still the commanding trend and fuelled by the bearish 1W (Highs/Lows = -26.7750, BBP = -66.7800), Litecoin should hit the TP = 70.855 (November 29, 2017 contact point) soon. The downside potential is however bigger and technically it should continue lower, but ofcourse there will be updates prior.