LTC is posing to poke through the 50 (shown in white) which would be a decent sign of strength as LTC has been stuck underneath the 50 for the past two weeks.
LTC has pretty strong support (light blue dotted line) around the $125 to $150 range. The light blue circles are justifications to the support. LTC has rebounded and consolidated around that range in the past quite frequently.
There is heavy resistance around the $230 to $250 range (shown in pink). Breaking through that resistance would be a pretty signal but LTC looks like it has a ways to go before it can get there. It would take a bit of consolidating and pushing above the 50 before we can take that resistance into consideration. Pink circles are justifications to that resistance.
We're nearing a potential crossover, but a of -10 isn't exactly the most oversold condition.
LTC is slowly narrowing out the and sliding along the bottom portion of it. A quick run up in the near future is looking like a good possibility.
Overall, LTC has shown quite a bit of strength during this seemingly never-ending correction/crash/sell-off whatever people are calling it. Expect to see quite a bit of consolidating for the foreseeable future until we get a clearer picture on regulations and laws regarding crypto. Good luck!