Bitcoin has rebounded from below 4k, which market its recent bottom, and so did many altcoins paint very positive charts. We wanted to collect another 3 projects, which we found interesting chart-wise.

We are using the chart from Poloniex because this is what contains the almost complete price history of NEM (XEM).

What we can see here is that XEM is attempting a breakout from a zone that has historically market either a resistance before a huge rise or acted as a bottom support range before going on to the next market cycle.

We can see a rounded bottom forming in this zone, moreover the price has successfully broken out of a multi-month downtrend, starting from march, that is re-tested right now.

Fundamentally XEM has a prosperous month ahead, as Catapult will get released after 3 years of building according to an official blog post released in May.

Nano has been one of the top gainer projects back in 2017 and has been constantly achieving high volumes on Binance. After reaching a bottom from a multi-month falling trend, a breakout followed that later led into a falling wedge.

Currently the price is stuck between 2 support and resistance zones after bouncing up from a double bottom. If the price managed to break from the falling wedge and out from the upper resistance, we might be looking at a double top which is a 100% gain from the current price. Stops can be set at the lower support line.

The HOT chart seems pretty straight forward. After being added to Binance and going through its first rise, HOT formed a falling wedge that is getting tighter by the day indicating that a move in either direction should come soon.

The last bottom in the wedge has been pushed back by the first resistance zone turned support, which makes us confident that a break upwards could be imminent depending from Bitcoin’s price action. The RSI indicator also broke out from a downtrend, while the MACD indicator has curved upwards.