Litecoin LTC is Making a Head and Shoulders

Updated
Hello Traders,

Litecoin is forming an obvious Head and Shoulders. Validation of this chart pattern would be a break of the neckline with increased sell volume. If this happens then some targets are on the chart.
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Every comment saying this is NOT a valid Head and Shoulders. A H+S pattern becomes valid on break of the neckline with increased sell volume. snapshot
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Epic neckline break. snapshot
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The 3.618 fib looks like a target to me. It lines up with the Daily 200 MA. snapshot
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When the price broke the neckline the moves down look impulsive so I am expecting 5 waves down. snapshot
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Got a wick in the box price range. snapshot
cryptoCryptocurrencyEconomic CyclesFibonacciHead and ShouldersLitecoin (Cryptocurrency)LTCLTCUSD

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