#AltcoinBreakout

What does Altcoin Breakout mean in detail?

• Altcoin: Any cryptocurrency other than Bitcoin (such as ETH, SOL, XRP, AVAX... etc).

• Breakout: Means breaking through an important resistance level or a horizontal or sloping trend line.

Signals of an Altcoin Breakout:

1. A sudden increase in volume – indicates the entry of significant liquidity.

2. Breaking a strong resistance or a symmetrical triangle or a technical pattern.

3. A strong candle closes above the resistance.

4. The movement coincides with news, technical updates, or project launches.

Examples:

• If a coin like $SOL trades between $140–$150 for a while, then suddenly breaks $150 with high volume and rises to $160 or $170, this is considered an “Altcoin Br