First thing to note is that this is still a little early to enter.
Pros:
RSI - Breaking out and gaining momentum PA - Appears to be forming a Inverse head and shoulders EMA's - Appears to be holding and 55 will cross ema's
Cons:
PA - Hasn't made a higher low / higher high yet
Thoughts:
Ema's are getting closer to price while RSI is gaining momentum on this downtrend. Everything is falling into place, however I would remain patient for confirmation.
I think a breakout is coming real soon for LTC/BTC in my humble opinion. After the breakout, I would most likely buy EMA's as they are a good place to buy on an uptrend on high time frames.
This is solely for documentation purposes, and not financial advice.