At first we planned to do a new Price Analysis part for our series, but after looking over certain altcoin charts we found that you might be interested in a general overview on a group of projects, which happen to share similar charts and market cycles.

For veterans this might be nothing new (we still hope they find the post enjoyable), but for people who joined a few months or even year ago this could be quite interesting. Most people might have seen the pretty often posted Wall St. Cheat Sheet, but for those who didn’t:

Even though this is a very generic picture and it doesn’t prove anything, it might be a good help for understanding market (and emotional) cycles. Now let’s whip out the interesting part: after doing a lot of chart digging we found a boatload of charts that looked amazingly similar to each other and to the above mentioned chart concept aswell. One of these charts stood out, so let’s look at that first:

Library Coin – LBC

Zoomed out:

Zoomed in:

We don’t intend to put words in the reader’s mouths, so we skip the comparison with the firstly mentioned market cycle chart and stick to reading the below images. What we figured is that there is a slightly rising trendline that gave a new bottom to the coin and there was a previous support/resistance line that feel for a short period, but the coin bounced back to above the line, which again acted as a support until a really high volume breakout happened. This volume on the project has been rarely seen previously and could be the indicator of the new trend after previous consolidation from the top. We expect similar moves on a lot of projects that have an almost mirrored chart to this, so let’s see them without further comments:

Stratis Platform – Strat

Zoomed out:

Zoomed in:

BitShares – BTS

Some other projects with similar charts:

There are several more that fit the pattern, this isn’t intended as a full list, but it is worth to note that some of these may be lagging behind others and are still waiting for a retrace before they could continue their cycles.

This post isn’t intended as an investment advice, we simply wanted to point out something interesting for potential investors who are still new to the field.