LMC looks like a very good option. It does, however, have room to drop quite a bit, but a stop-loss could help you. Could it reach the third target? Yes. Do I think it will before a BTC rally? I don't think so. I'm personally aiming somewhere between 1400 and 1700.
I agree with your analysis, but maybe it will go up at the same time the BTC rally starts. Last time the BTC went up LMC went up also. See 2-6 January. BTC will go up in the coming few days I think (tradingview.com/chart/BTCUSD/77V3n3IK-5-day-forecast-sunny-rising-above-clouds-with-a-high-of-15K/). LMC can go really fast from there, because resistance should be low, because the third target was already reached on January the 4th.