Given favourable market conditions (Bitcoin bullish momentum) it is fair to expect a break to the upside for LTC. As we can see on both the 4hr and Daily chart we have an ascending triangle with higher lows. There is also a potential for an inverse H+S pattern to play out. Hard resistance is at around $58. Buy orders can be placed above this level, buying the breakout. Also posted are some tentative resistance lines for the upmove.