WIF +40% Profit Potential On Breakout

2 min read February 17, 2025
Lenka Fetyko

WIF +40% Profit Potential On Breakout

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

Still, our “HOT” trader setups have scored some big winners. Lido (LDO) was placed on HOT list and we alerted VIP members, as price approached $1.50 support.

It’s now gained +20% profit. This is the second time we profited from the Sideways Channel.

It’s kinda easy…buy at support, sell near resistance.

LDO +20% Profit

 

Meanwhile we are seeing many altcoins trading 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.

Here’s a trade signal identified by our AI Chart Patterns recognition engine. This signal generated +12% gain in 6 days.

APT: Emerging Channel Down pattern

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:

WIF: Falling Wedge Breakout +40% Profit Potential

WIF trade setup: Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with +40% upside potential to $1.00 resistance. Stop Loss at $0.55.

Notice the huge trade volumes in recent days, which indicates that a robust support base has formed around $0.50 – $0.70 area.

This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.

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.

 

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