LTC downward channel

Updated
LTC has had a major manipulated spike up and has now exhausted bulls. Price is riding a channel down and may collapse all the way back to the 4.xx range. Be careful out there.
Note
Down channel got busted but it remains to be seen whether this is a new leg up or simply an exit pump by whales. I'm looking for a close above 12.75 to confirm upward continuation.

Disclaimer