Following the LCC hark fork the other day, the bears took control of LTC at $252 dropping it down in Wave A to $191 over the past 3 days.
The MACD is below 0, a bearish trend. The Bulls in Wave B took control at $190 and the Bears retook control at $222. Currently in a zig zag corrective pattern in the bottom of Wave C at $184.
The 1 hour chart for LTC below shows the precipitous drop:
