LTC/BTC possible bounce

BTCE:LTCBTC   Litecoin / Bitcoin
177 0
Looks like a clear inverse head and shoulders ...breaking above the green trend line should get us a ticket to the blue triangle ...then we either continue the dead cat bounce down or break out with an actual trend reversal. If we can stick around here or rally to close out the week then the 1 week chart will have its first bullish candle in a while. If i'm wrong and we fall below the purple horizontal support line that would be very bearish .
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