Manta Network (Binance: MANTAUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, MANTA began a red wave one advance on January 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 28 and the red wave two (blue sub-waves a-b-c) correction ended on February 5. If this wave count is correct, MANTA should be heading next towards the January 28 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Manta Network is the modular ecosystem for web3. Crypto Archie reviewed the project two days ago.
(Sources: https://manta.network/)
How Will Manta Network Trade?
Manta Network (Binance: MANTAUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below
MANTA will takeout the January 28 peak
MANTA will drop below the January 19 low
MANTA will stay in a trading range between the January 19 low and the January 28 peak until March 25
Posted Using InLeo Alpha