The recent altcoin market has shown a significant breakthrough trend, with many coins seemingly having risen from the bottom, experiencing astonishing gains. However, from the overall upward trend, these coins have actually just begun.
For example, REZ is currently showing a daily chart level breakthrough preparation stage. Once it breaks through and confirms support upon retracement, it may continue to rise, opening new upward space.
Similarly, HOOK is also facing a breakthrough, and after breaking through, it will open up new upward space, making it worth watching.
For these upcoming breakthrough altcoins, the operational strategies can be divided into three approaches:
1. Waiting for a retracement before the breakthrough: When the coin has not yet broken through, you can look for previous neck line support levels as entry points during the retracement phase, buying low while waiting for the rise.
2. Confirming support after a breakthrough retracement: After the breakthrough, when the price retraces and confirms that the original resistance level has turned into a support level, you can enter near the support level to follow up with larger gains.
For these coins that are about to break through, it is essential to seize the right moment, flexibly adjust strategies, and follow the market trend to profit.