Possible cup and handle formation for LTC BTC pair

Possible LTC cup and handle formation. .028 ish would be the target. It would make sense if we see the current rally on LTC continue and see the bearish slide of BTC down to the 9Kish mark.

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I am still thinking this has a chance to play out. Huge rally on BTC over night pushed the handle lower than one might expect but still not outside the realm of reason. I traded some BTC for LTC at .021 and I'm so far comfortable with this decision.