Litecoin has a bearish short-term trading outlook, with the LTC / USD pair appearing increasingly weak below its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that the recent decline in the cryptocurrency has helped to create a large head and shoulders pattern, with the LTC / USD pair hovering around neckline support. Technical indicators on the four-hour time frame are bearish and continue to provide a strong sell signal. Traders should note that the bearish head and shoulders pattern on the four-hour time frame has a downside projection of around $40.00. The Relative ... (full story)