After breakout on high volume (positive sign) and failed bullish run I expect downward movement to previous downtrend line (which became support) and 0% fibo level. It should be a good place for going long.
Red target set earlier today has just been touched after a ltcusd breakout on high volume
Lines 1 and B represent short term support.
The purple line represents a potential inverted head and shoulders, forecasting a similar move to the red target (set by the red rectangle pattern)