Litcoin is trading above 20-day EMA and 50-day SMA which is quite positive. I believe that we may see the second leg to $270 level. As always we shouldn't forget old trendlines, hence, the trendline and 50-day SMA will provide us with a great buying opportunity at $200 level.
On the way down, if LTC breaks down the trendline it will find support from $175 level and the 20-day EMA.
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.
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