Looking like a flag on LTC-USD chart. Unless BTC goes on another oppressive bull run, look for Litecoin to break out of it's current slump. We had much needed signs of life yesterday, without overextending itself to the point that further downward correction could occur. It appears to be consolidating for another $300 range run in the near future.
This is my first time charting, I usually just analyze others, so take it with a grain of salt. Any tips/constructive comments are appreciated!