BTCUSDT & SOLUSDT, Mon 05 Aug, Weekly Review!Weekly candle review.
Last week's candle was completely bearish.
The beginning of the week started with a downward movement.
But neither Bitcoin nor Solana reached the 78% Fibo level.
Bitcoin reached the price of 48895 and Solana reached the price of 109.
Since both (Bitcoin and Solana) are in the discount area and the first day of trading,
It is expected that the market will be bullish so that after crossing the 50% Fibo level, they will enter the premium area and then start their downward movement again.
Bitcoin will reach 56000 ~ 60000 and then 46100 and 44500 and even at
reach 40,500.
Solana also rises to the price of 145-160 and then continues its downward movement to 107 and even to 80.
