Do you think someone of traders can predict you further future of LTC?! Look at the historical data on coinmarketcap. Lite was 185$ on its’ high and it is 150$ now. It can be profitable if it will go up, but it may dump more (down to 120$, or 100$). Make your own decision whether it’s time to buy or to wait.
no one can predict the future of LTC because people will only see the graph of the movement during this time and the influence of bitcoin of course. if bitcoin increases again at this time it can be said that the current price of $ 148 might increase.
but I am more agreeable and wise to wait like you said so that LTC falls at a price that we can really reach ($ 100- $ 120) and can be profitable when it rises later in the day. because LTC tends not to be able to reach its ATH at this time and will be around $ 180 only.