A true correction, corrects things that are wrong with the chart. The main thing that stands out to me is that the $110-$185 range desperately needs back filling in order to provide a stable support for future growth. LTC just shot through that range so quick leaving a massive gap. This plan is based on correcting that.
The green boxes are buy targets and the red boxes are sell targets. I've arrived at these buy/sell areas using other indicators but didn't want to clutter the chart so I left them out.
In the event LTC doesn't just rocket over $215 in the next few days I'll use this plan as a starting point.