LTC/USDT 16/02/21

Looks like a symmetrical triangle. 0.236 fib or 196 price level is strong support. 185-188 is also a strong support range because there was previous consolidation in this area and price has wicked into the range previously. I drew the rising support based on wicks but I think drawing it based on closes could also be valid. In the event we break below the rising support, we could touch the 196 area and I think it will bounce off. If it manages to close candles below both the 196 area and the 200 day EMA, the 185-188 range is likely where it will next find support. If we break above the descending resistance, 230 area is possible.

Support levels:
196

185-188 area

Resistance levels:
228-230 area

(this is just me logging my TA to see how often I am right vs wrong, do not take this seriously)