Price action is creating an obvious descending broadening wedge pattern. There is room for one more dump to the 190 price level. This would create a Bullish Harmonic Pattern. This pattern would then bounce the price to the current resistance level of the broadening wedge pattern. Once it breaks it, LTC first target is at 375 dollars, located both at All Time High Price and the next FIB retracement level.
We seem to have broken out of the downtrend now (upper yellow), but still finding some resistance on the your upper most resistance line (blue). Lets see if your upper yellow line forms support.