For the day ahead
Litecoin would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $407.
Support from the broader market would be needed, however, for Litecoin to break through to $400 levels.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $440. The second major resistance level sits at $426.
Failure to avoid a fall through the $371 pivot would bring the first major support level at $352 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$350. The Second major support level sits at $315.
Looking at the Technical Indicators
First Major Support Level: $352
Pivot Level: $371
First Major Resistance Level: $407
23.6% FIB Retracement Level: $304
38.2% FIB Retracement Level: $250
62% FIB Retracement Level: $164