Richard Fetyko, CEO of altFINS: said this again three days ago…”altcoins were breaking out or nearing their breakouts.

It’s happening now. Three days ago, I wrote that ” we are picking up on indications that the market could rally in December. It’s a combination of technical indicators, fundamentals, year-end seasonality and macro signals (end of QT).”

Here’s a list of the biggest gainers among top 100 coins: see live market scan results.

Several altcoins have broken out of Channel Down or Falling Wedge patterns.

We shared the full list in our VIP channel as well as our Technical Analysis (aka trade setups) and AI Chart Patterns section.

These breakouts could translate into nice 20%+ profits near-term and 50%+ mid-term.

Don’t miss these! Join altFINS community of traders and profit from upcoming rally.

Here’s an example:

AAVE Trade Setup

Price broke out of the Channel Down pattern, above $200 resistance, which could signal at least a temporary bullish trend reversal, with +15% potential upside back to $230 (PT).
Stop Loss at $180 (just below prior swing low), giving us a 2:1 Reward-Risk-Ratio (RRR).

Use simple price alerts to stay on top of such breakout levels.

History repeats?!

Notice how the current setup also resembles the breakouts in early May that led to a big rally thereafter.

Similar to then, we’ve had a brief pullback and now prices are pushing against the resistance trendlines again.

Shows buyers are eager to accumulate.

In trading, history does repeat because trading patterns are reflection of investor psychology. Fear and greed translate into certain behavior patterns.

Our historical data shows that Channel Down patterns have 73% success rate and Falling Wedge patterns have 64% success rate. Check all stats here.Do not miss these potentially profitable opportunities!

You can find them on altFINS platform in three sections:

1) Chart Patterns (search for Channel Down and Falling Wedge pattern types)

2) Technical Analysis (search for Channel Down and Falling Wedge pattern types)

3) Signals Summary – under Patterns section.
TIP: Never miss another trading signal. Create an alert for any chart pattern and receive notifications on your phone! Here’s how.

altFINS Signal Summary

Go to Signals Summary

Technical Analysis (50+ trade setups) – Channel Down and Falling Wedge

We have identified more assets trading in Channel Down and Falling Wedge patterns.

Find them in our Technical Analysis section where we keep trade setups for 50+ major altcoins.

Trade setups include Take Profit and Stop Loss levels for risk management.

Don’t miss these potentially big gainers on breakouts!

altFINS Trade Setups

Go to Trade Setups and explore 50+ price analysis.