LTC just broke out and did a wave 1, I'm hoping to buy the dip (possibly around $200-190) when the opportunity arises. If history repeats if lite pay is a resounding sucess. I'm pretty sure LTC will have a bright future in 2018 and take 4th place in the crypto market. (It's a solid contender)
I posted this idea mostly for my own reference.
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The fork in LTC to Litecoin cash is possibly hampering the breakout rally. Also, LTC did not dip to the 200 level. I expect it to do a quick drop when the time comes.
@Gwilasean, It's kinda cool how different ideas converge/overlap one another. I forgot to mention that my fractal analysis goes way back from 8th of December 2017. We might see LTC regain ground like how it did back then.
Following that logic and if we have reached the top now, I expect the price to retreat to ~190 as well! *fingers crossed*