The image above is a one day chart for LTC. I've drawn triangles in yellow. Notice how after each triangle there is a strong bull run. This is interesting because usually, descending triangles are a bearish market indicator. I could have even added a few more triangles. But it seems to be a pattern for LTC to move to a new high, the enter a series of lower-highs with strong support around the previous high, then a breakout.
At the time of posting this article, LTC has been dropping in price since October 15th. It seems to be languishing while BTC posts some new highs. I'm hoping to see a breakout soon and get back above $60.