Litecoin is like Bitcoin. February lows still hold and its price bounced sharply from the projected wave (B)/(2) at 109 level, so wave (C)/(3) can be underway. We see a quite impulsive, but still incomplete five-wave rally, which can extend its bullish run once the corrective wave 4 fully showes up.
A sharp and large leg down back to the channel resistance line, which now can act as a support, can lead into more sideways price action within wave 4, where the possible scenarios can be either an EW triangle pattern or even a three-wave EW flat correction.
LTCUSD, 4h
