Litecoin Increased its bearishness

Litecoin has retraced 10=% of its last leg up. On July 14 he has breached its ascending trend line now it has breached July's 14 low. MACD turned bearish, while stoch is oversold.
It seems LTC is trying to find a floor close to its $69-70 support area. Overall it is bearish until the descending trendline is not trespassed to the upside.