#AltcoinBreakout A breakout of an altcoin is one of the most exciting moments for cryptocurrency traders. It occurs when an altcoin breaks through a key resistance level after a period of consolidation, which usually indicates the beginning of a strong upward trend. Identifying a true breakout can be a great opportunity to take advantage of rapid movements with high profit potential. However, it also requires technical analysis, risk management, and avoidance of false breakouts. Altcoins with solid fundamentals and strong trading volume are ideal candidates. Paying attention to these movements can be crucial for distinguishing an average trade from a profitable one.