Litecoin should see more upside towards 85.32 once this minor consolidation is complete. Because of the strong spike to test support at 57.40, we need a break above resistance at 85.32 to confirm that wave 2 has been completed and wave 3 towards 131.05 is in motion.
Short-term we see support at 62.05 and then near 61.40. The latter should be able to act as a floor for the expected break above minor resistance at 67.33 and more importantly a break above resistance at 85.32.
