Litecoin is showing a bear flag on the chart in the 4 hours chart. If completed, be prepared to see a bigger dip toward known support level.
Prepare and have your emergency/dip funds ready when those targets are reach. You can cast away your older coins you purchased at a higher price when the bull markets return and sending those funds back to your emergency/dip fund bag.
Bitcoin is the moon and all altcoins moves with the tide of BTC. If bitcoin completes its correction, look for litecoin and many other altcoin to change course. I don't see bitcoin completing its correction for at least another two weeks to a level of $8,500.
