For the day ahead
Litecoin would need to move through the $181.74 pivot level to support a run at 23.6% FIB of $195 and the first major resistance level at $204.79.
Support from the broader market would be needed, however, for Litecoin to break out from the 23.6% FIB.
Barring an extended crypto rally, the 23.6% FIB would likely leave Litecoin short of the first major resistance level.
In the event of an extended breakout, Litecoin could test resistance at $210 before any pullback. The second major resistance level sits at $231.98.
Failure to move through the $181.74 pivot level would bring the 38.2% FIB of $163 and the first major support level at $154.55 into play.
Barring another extended sell-off, Litecoin should steer well clear of the second major support level at $131.50.
Looking at the Technical Indicators
First Major Support Level: $154.55
Pivot Level: $181.74
First Major Resistance Level: $204.79
23.6% FIB Retracement Level: $191
38.2% FIB Retracement Level: $159
62% FIB Retracement Level: $108