The black descending triangle does not look promising for LTC. The trend action is below both the MA in Blue and EMA in Orange, the two of them are strong resistances at $135 and $140. Above them lurks the top of the black triangle which also poses as solid resistance at $143. In my opinion the base of the black triangle and the purple ascending line are both posing as decent supports. My only concern, at this point, it's the lack of volume that could cause these supports to crumble and plunge LTC first to the $112-$110 red support and after that, to the $93 black support. On the bright side, we could see LTC bouncing up from the base of the black triangle and purple support trend line to the blue MA at $135 and then to the orange EMA at $140 resistance. At the moment keeping your portfolio in CASH or holding on your positions is the smart move. Only when LTC will clear both EMA and MA resistances I would see an opportunity to reenter some positions for a runup to the HH at $180.
This is only my personal opinion not to be taken as financial or trading advice...BE WISE.
This is only my personal opinion not to be taken as financial or trading advice...BE WISE.