Based on history, whenever LTC is near to its ascending wedge resistance, it will retrace at least 35% to 39%. Right now LTC has touched the ascending resistance and I expect a retracement to around $250 is right around the corner. Previous RSI also indicates that it has touched the retracement signal region to further validate the incoming retracement. After the retracement, I expect LTC to break its all time high. Not financial advice.