Richard Fetyko, CEO and Founder of altFINS:
Recently I noticed several massive breakouts like ARB (Arbitrum) and USELESS (Useless Coin), where price first got rejected at a resistance level, pulled back then re-broke that level and ripped higher.
USELESS is up 110% since that breakout pattern:
How can we catch such breakouts early?
In today’s free trading video, I show you how to find such big breakouts using a pre-set market scan called New Local High (see live results here).
New Local Highs are one of the strongest breakout signals: when price pushes above its recent 10–50 day high, momentum often explodes.
altFINS’ Pre-Set market scan makes it easy to spot these moves early. Strength tends to follow strength. It's like when a damn breaks...first it's a trickle, then a massive force of water pouring out.
I further modified that market scan and added two more conditions:
TIP: be sure to add Support & Resistance to the charts.
This strategy has worked like a charm in the current market.
We alert our members of such breakouts in the VIP telegram channel as well.
See all live results here to spot your next massive breakout!
You can also create alerts for such breakouts on altFINS.
Watch Trading Video
Tip: Set alerts for New Local Highs to catch breakouts early.
Tip: Join VIP group to get the best trade ideas, support from experts and other traders.
Summary: Using a new local high in crypto trading helps identify potential breakout points, signaling upward momentum and opportunities for profitable entry or trend confirmation. Try it now.