#AltcoinBreakout

The hashtag #AltcoinBreakout is commonly used in the crypto trading community to signal a sudden or strong upward price movement in alternative cryptocurrencies (altcoins) other than Bitcoin (BTC). A breakout typically refers to when the price moves above a key resistance level or chart pattern, indicating the potential start of a bullish trend.

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🔍 What It Means:

Altcoin = Any cryptocurrency that is not Bitcoin (e.g., Ethereum, Solana, XRP, etc.)

Breakout = A decisive price move through resistance (bullish) or support (bearish), often on increased volume.

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🛠️ Indicators Traders Watch for a Breakout:

1. Volume Spike 📈

2. Moving Averages Crossovers (e.g., 50 EMA crossing 200 EMA)

3. **RSI