I have researched and studied all the analysts
I found the following
Very interesting on how Litecoin (LTC) is still leading Bitcoin (BTC). LTC is already complete with waves a,b and has already started the c wave whilte BTC has just completed wave A. This allows an analyst to assess the BTC pathway with more clarity.
After the recent leg up on Litecoin's price due to the debut of Litepay, the cryptocurrency price chart is forming a pennant which , upon completion is likely to result in another legup but the main question is whether the Litecoin will break the resistance this time at 250-260. you can make profit if you buy at the lowest point of pennant and sell when it breaks.
Even though I did not indicate it in the last update, Litecoin is in a symmetrical triangle currently. It has been consolidating around the 180-240 area for the past 2 weeks.
I am bullish on this price action because of how LTC has held up. After the LitePay spike a few weeks ago the price didn't drop to even lower levels, it stagnated around the 100/200 EMA area.
A 2-3 day swing trade can be ideal if you are going long on this chart right now. If the triangle plays out perfectly and we have a spike, my target resistance level is the 250 area, where the recent high is located. Support at 170 would be the opposite case if the spike doesn't occur.
Summary
From my analysis that the currency in the middle of this month will reach the resistance at 240 to 260 and if the currency broke the resistance limit will reach more than $ 600.