#AltcoinBreakout
The breakthrough of alternative currencies is one of the best opportunities to achieve strong profits during a bull market, but it requires analysis, patience, and precise risk management. If you continuously monitor the market, you might seize a currency before it takes off in a massive upward rally.
There are signals to watch for to catch a breakthrough of an alternative currency:
A sudden increase in trading volume
Breaking a key resistance level
Improvement in technical indicators (RSI, MACD)
Increased interest on social media platforms
Entry of whales (monitored through on-chain tools)