LTC bounced off the top of my massive support area with the arrow currently pointed it's way.
This is a very good sign as well as the daily candle currently forming a powerful dragonfly doji.
I believe LTC has bottomed out and here is what I would be watching for next..
This long term resistance trend line is in my opinion the massive triggering event for LTC to reach $450+ and perhaps up to $550. These are forecasted with fib extensions which are never exact but my experience says $500 is very possible.
When could this happen? I do not know the answer to this, I do know LTC has a penchant for moving incredibly fast on breakouts so I would have several alerts around this possible event.
Not financial advice.