#AltcoinBreakout
What is a Breakout? A breakout occurs when the price of an altcoin breaks through an important level of support or resistance, usually with an increase in volume; this movement often indicates the beginning of a strong new trend — either bullish or bearish.
Types of Breakout: Bullish Breakout:
Occurs when the price surpasses a resistance level strongly → may indicate the beginning of a bullish trend,
Example: Altcoin breaks previous high with high volume.