LTC about to launch?

Multiple indicators seem to be pointing to an LTC launch, as long as BTC keeps it up, of course.
Historically, when the current price level is crossed on an upward trend there has been a huge spike.
This, along with the very obvious cup and handle as well as the possible breaching of the 99 day average, points to big gains.
I'm a noob and this is not investment advice...just an observation.