Litecoin prices are nearing the resistance of the downward channel that has been established since July 3. The coin went into upside correction after hitting a low at 78.90 on August 7. So, it could be interesting to consider opening short positions from 84.60-85.35, where prices could meet the resistance, with a target at 78.90, the low of the last week. The stop-loss could be set slightly above 88.25, the high of August 3.