Bearish megaphone confirmLitecoin / US DollarCOINBASE:LTCUSDMladenJelicThe price failed to break above the $113 resistance and is now expected to move lower. The bearish megaphone pattern points to a much lower target. I’m waiting for a catalyst or news event that could push the price through the current lows. The price was held above $110 to attract new buyers, but selling pressure remained dominant as sellers took control of the market.