Markets have been choppy, with big swings in both direction.

Still, our “HOT” trader setups have scored some big winners.

Helium (HNT) caught our attention on Monday. We placed it on HOT list and alerted VIP members. While the markets were tanking, HNT managed to close up on the day! Clearly there was strong demand from buyers.

Price is up +45% since we highlighted it as HOT trade setup:

HNT +45% Profit

Source: altFINS

Meanwhile we are seeing many altcoins consolidating in Falling Wedge and Channel Down patterns.

Emerging patterns (before breakout) can be traded if the range is still wide: buy near channel support and sell near channel resistance trendlines:

ENS: Emerging Channel Down pattern

Source: altFINS

Or traders can wait for breakouts. When prices break out from these two patterns, they can move up quickly.

In fact, we’ve already seen some breakouts:

STG: Falling Wedge Breakout
+40% Profit Potential

Source: altFINS

Traders should prepare for such bullish breakouts, set up alerts and use the altFINS mobile app to stay on top of trading opportunities.

Setting up chart pattern alerts is just a couple of clicks away: here’s how.

We teach trading Chart Pattern breakouts in our new Crypto Trading Course (10 lessons, 40 videos, 7 trade strategies, quizzes, notes, risk management, short selling, margin trading).

Our historical data shows that Channel Down breakouts have 73% success rate and Falling Wedge breakouts 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.

Signals Summary – Patterns Section

Go Signals Summary

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

These could result in a breakout soon.

Find them in our Technical Analysis section where we keep trade setups for 65+ major altcoins.

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

Don’t miss these potentially big gainers on breakouts!

CRO: Falling Wedge Breakout

Source: altFINS

Trade Setups

Go To TA Section Now

These two chart pattern types are common trend reversal patterns. They often emerge in a downtrend, characterized by lower highs and lower lows.

But at some point, supply from sellers is absorbed by the buyers, the selling pressure is neutralized and steadily growing number of traders and investors find value at these lower levels.

Then, price finally breaks out and it is often followed by rapid price movements (i.e. profits).