Litecoin is still tracking Bitcoin
, even in its lethargy. LTC is currently sitting at levels of support from Fibonacci levels anchored at the extrema of this most recent wave. We will have support from $132, $124, and $111. All should be considered buying opportunities. Eventually LTC should break out and we will have resistance at $138, $145 and $154. These can be thought of as profit targets if you are trading LTC. We still have a way to go before $166, the upper bound of the recent wave, or $186, all time highs, but these should also be thought of as longer term targets.