LTCUSD has formed a head and shoulders bottom patternLitecoin / U.S. dollarBITSTAMP:LTCUSDXTrendSpeedOn the daily chart, LTCUSD has stabilized at lower levels, forming a head and shoulders bottom pattern in the short term. Currently, watch for support around 48.20; a pullback and stabilization on this level could present a buying opportunity, with the previous supply zone of 56.2-60.5 as the next resistance level.