Patience is the key to riding the roller coaster that is Litecoin. Right now we are in a critical area as we are chugging up the channel between the orange lines. It was overbought around $157 when it sold off, and now we are heading back up... we will be dropping down for another ride soon, probably once we test the downtrend resistance from the ATH in green. Another possible point to go down will be the .382 fib line from the most recent high of $252. Keep an eye on the 15 minute chart to know when to jump off and back on the train.