Inverted Head and Shoulders forming for LTC

After a large pullback following the activation of SegWit, Litecoin may now be ready to start making moves upwards again. A 'Head and Shoulders' pattern signaled the sell-off, and now an equal-sized 'Inverse Head and Shoulders' appears to be forming on the 4h chart. If the pattern develops to completion then the previous bull-trend will resume in force within the next few days.

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