Winning Crypto Pattern Ahead of Pump

2 min read November 24, 2024
Lenka Fetyko

Winning Crypto Pattern Ahead of Pump

Crypto enthusiasts, traders, and investors, the market is buzzing! While Bitcoin stalls around the $100K mark, altcoins are stealing the show with explosive gains. One pattern, in particular, is leading to massive pumps across the board: the “Break, Test, Re-Break.” This pattern isn’t just theory—it’s a proven setup delivering high profits, as demonstrated by last week’s +90% surge in VET. Here’s how you can capitalize on it too!

The “Break, Test, Re-Break” Pattern

Understanding and recognizing this pattern can be your ticket to significant gains. Here’s how it unfolds:

  • Break Above Resistance: The asset’s price breaks through a key resistance level, signaling potential bullish momentum.
  • Pullback (Re-Test): A brief pullback occurs, testing the previous resistance as newfound support. This is where traders gauge demand versus supply dynamics.
  • Re-Break: The price rebounds and re-breaks the resistance level, confirming strong buying momentum and signaling the likelihood of further gains.

Why It Works

This pattern reveals trader psychology. A successful re-test confirms strong demand at the new support level, and the subsequent re-break indicates that buyers are in control. It’s a signal of confidence, often followed by a sharp price pump.

Real-Life Success: VET Pump (+90%)

Last week, one of our HOT trade setups, VET, followed this exact pattern. After breaking resistance, re-testing, and re-breaking, the price skyrocketed, delivering a whopping 90% profit. This is not an isolated case—this pattern has emerged repeatedly with various assets, delivering consistent gains for savvy traders.

Discover HOT Trade Setups in Our Technical Analysis Section

We’ve just identified 4 new trade setups that share this “Break, Test, Re-Break” pattern. Each setup includes:

  • Price Targets: Take-profit levels for maximum gains.
  • Stop Loss Levels: Minimize risks and protect your capital.
  • Chart Pattern Type: Visual insights into the setup.
  • Support and Resistance Levels: Key areas to watch for entry and exit points.

These trade setups are handpicked based on high conviction and strong technical indicators.

Start trading with confidence and capitalize on the next big pump. Join altFINS today and watch your profits soar!

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