Cryptocurrencies are hard to analyze for the fresher, at first. But then similarities between technical analysis between traditional instruments and crypto become apparent. Litecoin is one of those cryptocurrencies that is easy to use, has a loyal following, and works. Although achieving a high of nearly $360, Litecoin has descended into a double flag pattern. Both not indicating which direction it will go. Although most argue that it could hit $260 easily. I se Litecoin unveiling further developments affecting the coin's future in a positive way. Buy. Exit around $320-330.