Bullish bat pattern and support by channels, LTCUSD

A reflection of a downward channel support with a completion of a bullish bat pattern. This might turn super bullish. Other Analysts that use moving averages, support and resistance levels are very bearish on LTC. I prefer channels and trendlines, price action usually reflect of them more often than fibonacci levels. Let's see how this play out.

Trade ist aktiv:

Pattern morphed to bullish butterfly, and bottom is reached imo as RSI also bottomed.