LTC/USD - Next step $84 after some correction

LTC had a nice run of 20% after touching the pink parabola. Now we are at local resistance which may trigger a short correction to $70. Pushing up above resistance from here would be unlikely, but possible.

Possible trade: Wait for local resistance to resolve and then consider a trade. Good chance for another 10% run once we break resistance.

Caution: BTC is approaching 17k which may trigger a sharp sell and impact all alts.