Head and shoulders on LTC

here seems to be a large head and shoulders pattern forming on LTC/USDT, if we break below the chanel ltc has been trading in for over nearly a month.
I'm speculating we will see a retest of somewhere around $190 & thats where ill be seeking a long position entry.
Untill then i will wait and see how this one plays out, these are just my thoughts and created for entertainment.