As you can see, LTC broke through the first point of resistance in its move upward, but encountered even more stiff resistance in the $230, and has so far been rejected. As of now LTC has held its gains above 110, but there is a descending triangle forming on the hourly chart that is a bearish indicator.
If the support holds in the $210 range, then LTC should have another chance to retest that resistance at $230. I currently have a stop loss set at $206 since I don't want to mess around should LTC retrace a bit too far. Should LTC drop below the support here, there will always be a chance for reentry lower down.
Please note, this is only my own personal speculation for personal learning, not financial advice. Good luck with future trades!