I think long term LTC will fall back from its current position around 100 and follow the upward trend it's been in. Eventually it will head back up to 100 and break through. This is similar to what ETH was doing for a while. You could short from 100 down to 60 and then open a long position at 60 and wait. It should bounce predictably in the upward channel for day trading, if that's your thing.
Trend Analysis

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