A pending buying opportunity for Litecoin

Litecoin is moving sideways on the 4-hour timeframe

After bouncing off demand zones on the daily timeframe, 

the cryptocurrency has also broken sub-downtrends,

 indicating a weakening of the sellers' control at the moment.

Currently, if the current supply zones are breached and closed above them, 

specifically above the 116.21 high,

 then a move towards the targets specified on the chart,

 located at the 120 and 124 levels, respectively, is expected.

If this scenario is triggered, and a full candle closes below the specified supply zones,

 the analysis will fail completely.