To dream that you are attending a wake is indicative of happiness by the return of a loved one. Also, click to see other meanings of this dream.Wake 1. If at the wake of a friend, one fears for the future of the friend. 2. If the wake is for the dreamer, his/her fear is failure. 3. Looking back on the past.Wake Up(on chair) Alter Activations.Wake If you dream that you attend a wake and the deceased is a friend or loved one then you will hear sad news in the near future. If you see a friend attending a wake, then the friend is in grave danger and must be warned to be careful.