I reviewed the charts of 317 projects on Binance — and here’s what I found.

Over the last six months on the 1W chart:

* 48 projects have updated their previous highs and are in a "conditional" upward movement

* 269 projects have made a correction to 61% / 78% according to Fibonacci and continued their downward movement with updated lows

* most projects have fallen to the 127% extension level according to Fibonacci, while a smaller portion has reached 141-161 (relative to the previous movement)

On the MACD of the 1W chart:

* approximately 70% of projects have the fast average and signal average ready to cross each other

* approximately 30% of projects already experienced a cross last week

This is a good signal for the next 1–6 weeks about a possible rally.

At the same time, questions remain:

* How will the movements of projects that have already updated their previous highs differ from those that made a correction and continued their downward movement with updated lows?

* Is it better to bet on projects that have not yet shown their strength, or to choose those that have already proven their ability to grow?

Let’s discuss in the comments!

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