I am expecting one leg down still, but LTC looks to me ready to buy on the long term. There is a triangle forming on the larger timeframes and in my opinon is an asset way oversold with actual fundamentals to be used. I will not go leveraged instead i will buy on spot market.
If in the coming weeks, ltc does not reach this point, i will reasses. If in the coming weeks, ltc crosses the 17 stop loss limit, i will reasses. (Note that will mean that the triangle did not play out).
This is not a trading strategy, rather, this is actual investing for 1 to 2 years.