As you can see, I still expect 1 more leg down on litecoin to 145 region or even slightly lower, I have however, bought in 1/5 of my position at 154.
The idea is that if bitcoin falls to about 8k, then litecoin is also likely to follow to 138-140. However, if bitcoin keeps 8.x as a bottom, litecoin will also hold a higher level :)