SUMMARY
I believe Litecoin (LTC) has a great future both technically and fundamentals will arrive to justify its amazing price ascent that's just started. The below chart shows the progression of the Inverted Head & Shoulders pattern. Meanwhile, the MACD has yet to breakout of the symmetrical pattern.
Thus far, volume clearly confirms the pattern given that the Head volume is highest (white arrows). As long as the volume for the RS remains below that of the Head, it'll remain valid. The minimum price trajectory is measured to be $246.67 (yellow). The breakout of MACD should definitely support this move.
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