Inverse Head and Shoulders in Litecoin!!!

Litecoin has been testing our $280 level and it appears that it is forming an inverse head and shoulders with a neckline at this level. Watch the neckline because a breakout seems imminent. If LTC is not ready to break, we could also see a rejection back to $251. If we are right about our inverse H&S pattern, then $310 is the next target based on the Fibonacci Extension anchored on the pattern.