From the chart, the highest Litecoin can go is 0.017.
Once it reaches that level, the amount of resistance is too much for Litecoin to go up anymore.
if you are going to apply any sort of technical analysis to a coin, I would say this is the safest way to do it. I don't think LTC will go much higher for a while now, but we'll see because the halving hasn't officially taken place yet. The thing is, pretty much all serious traders know about its impending certainty so you have to believe that has already jolted the price -- who knows how much more "umph" it can get out of this phenomenon.
