Looking at the LTC chart, it looks like we did a bearish shark and we could have one more move to the down side or we have completed the bearish shark (since the recent low got close to the previous all time low). A break above the previous high should invalidate the bearish sentiment.
In the short term I am bullish on BTC so I want to believe we have completed the bearish shark on LTC but charts don't lie, emotions do.
Please do your DD as this is not a financial advice.