An Inversed Head and Shoulder pattern has also occurred and LTC has since broken above the second shoulders first high. There is now a which the price can bounce off. Be careful, if this breaks to the downside there might be a longer pullback awaiting before returning into its long term uptrend.
Along with this, as also posted in my previous analysis, the Indicator has also crossed over on LTC. As long as the price is above the cloud we can say we are in an uptrend on the .
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Check out my previous analyses on LTC and BTC .