The world of altcoins is fast moving and its not uncommon for a relatively known coin to become the hottest coin (and vice versa).
There is no sure way of determining whether a coin is going to be the next thing, however, you can try and get a better edge by researching coins (seeing if they are bringing something new to the market, see if any whales intend to acquire (e.g. Wolong), see how big the community is, etc).
If you are relying solely on 'charts' to try and predict the downturn/upswings, this isn't the best way on its own. You need to view everything, sometimes, there is a reason why there has been a drop in price (e.g. miners dumping, new better coin released, etc), or an upswing (e.g. difficulty for mining is harder).
It's not enough being able to read charts. Some popular coins quickly fall into obscurity.
I'd get a twitter account and start following others, see what they do and watch the markets.
Also, never be too greedy. Know when to get out, if you made 50% and are thinking of holding out for another 10%, think about it. 50% of something is better than 100% of nothing. Coins go up and down all the time, don't beat yourself up if you bought too high or not low enough.
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