Litecoin

<ul><li>Tony &#39;The Bull&#39; Severino highlights a Morning Star pattern on Litecoin&#39;s chart, indicating a bullish turn as Fisher Transform points up.</li><li>Rekt Capital&#39;s analysis points to a symmetrical triangle in Litecoin&#39;s price action, suggesting a trend continuation and potential breakout.</li><li>Litecoin&#39;s recent 10.99% price surge reinforces the impact of identified technical patterns, marking a shift in market dynamics.</li></ul>Tony &#34;The Bull&#34; Severino, a certified market technician, has turned the spotlight on Litecoin. He emphasized that the <a href="https://cryptotale.org/?s&#61;cryptocurrency" rel="noopener noreferrer nofollow">cryptocurrency</a> is nearing a critical moment. Specifically, a Morning Star pattern is emerging on the quarterly chart. This occurs as the Fisher Transform indicator points upward. Severino&#39;s alert on X underscores the importance of this development for market watchers.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e23296184bfb4a7ebaf2b48ec7e0fee4.png" />Moreover, Rekt Capital provided a deeper dive into <a href="https://cryptotale.org/market-watch-litecoins-potential-breakout-with-elliott-wave-analysis/" rel="noopener noreferrer nofollow">Litecoin&#39;s</a> price action. Their analysis, focusing on a monthly timeframe, highlighted a symmetrical triangle pattern. This pattern suggests a continuation of the current trend. Hence, the convergence of trend lines points to a potential breakout. August 2023 is marked as a pivotal month, with an orange circle indicating the intersection of these trend lines.<a href="https://cryptotale.org/will-litecoins-morning-star-pattern-spark-a-new-bull-run-expert-insights/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Will Litecoin's Morning Star Pattern Spark a New Bull Run? Expert Insights

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