LTCUSD: Triangle broke downwards. Channel Down emerging.

Last weeks strong 1D bearish candle succeeded not only at breaking the 1D Triangle to the downside (RSI = 43.192, MACD = -1.556, Highs/Lows = -0.9307, B/BP = -2.9740) but also at breaking the 54.472 Support. A new 1D Channel Down is emerging, pressured by the selling action on the 1W Channel Down (MACD = -21.797, RSI = 37.309). We are still on a medium term short on LTCUSD with TP = 40.285.