On 4-hour chart, LiteCoin is correcting up from the midline of the Bollinger Bands (210.93).
The main target of the correction is the level of 226.56 (Murray [5/8]), which also corresponds to the upper line of Bollinger Bands. There is a high chance of a downward rebound from level 226.56.
The breakout will let the price to grow to the area of 234.37 (Murray [6/8]), 242.18 (Murray [7/8]).
The consolidation of the price below the level of 218.75 (Murray [4/8]) will let Litecoin reach the level of 210.93 (Murray [3/8]).
If the price is set below the level of 210.93 (Murray [3/8]), the downward trend can restore,
In this case, the next targets of sellers will be the level of 203.12 (Murray [2/8]).
Support and resistance
Support levels: 218.75, 210.93, 203.12.
Resistance levels: 226.56, 234.37, 242.18.
Short positions can be opened below the level of 218.75 with the targets at around 210.93-203.12 and stop loss 223.00