Fibonacci

Bitcoin (BTC) is in a sideways move below $14,000 after the bulls fail to break the $14,000 resistance. On October 31, Bitcoin in its current price surge reached a high of $14,055 but buyers failed to sustain the bullish momentum.

Tezos has been in a downward move since August. The downtrend extended to a low of $1.92. At the low of $1.92, the price was corrected upward but the selling pressure resumes to the downside.

EOS has been in a downward move. For the past week, buyers attempted to push the coin into the bullish trend zone.

For over a week, Ethereum has been on a downward move. This current downtrend was caused by the bull’s inability to push ETH above the $420 resistance level.

Since October 22, the Ripple downward move ended on October 30 with the formation of a candlestick with a long tail.

Bitcoin Cash was repelled at the $280 resistance as buyers retested the overhead resistance. This resistance pushed the coin to a $252 low as the market moved up again.

Litecoin has been on a downward move after buyers fail to push the price above the $60 resistance. Buyers made three unsuccessful attempts to break the resistance level.

Ripple is range-bound between levels of $0.23 and $0.26. Since September 2, the coin has been fluctuating between $0.22 and $0.26. Nonetheless, on October 2, the price fluctuations narrowed to $0.23 and $0.26. The coin is still on a downward move.

Following the retest at the $280 overhead resistance, BCH has been on a downward move. On October 26, BCH retraced to $252 and corrected upward.