These dayz BTC rules the game, so if it fails. This chart is not to blame.
for LONGs, a MACD crossover on a daily and staying there, plus RSI > 50, Stoch RSI > 80.
for SHORTs, a failure to do so OR breaking the up-trend line.
I know there are a lot of believers in LTC, kinda picking it over BTC. There are reasons for that.
MANAGE YOUR RISK DUDE.
P.S. Any 4.414 catchers? :P