$BTC failed to penetrate resistance at level 70,000, currently #BTC is forming a double top pattern which has the potential to bring BTC back to level 61,000. This makes #MANTA fall to its lowest level.

$MANTA Analysis:

1. Elliot Wave (ABC): MANTA has reached point C. If #BTC strengthens, MANTA has the potential to test level 2.0 again.

2. Head and Shoulders: This pattern will end at level 1.0 (if supported by strengthening #BTC )

3. Fibonacci Retracement: Based on Fibonacci Theory #MANTA has the potential to fall to the level of 0.850-1.0

What is your opinion? Please discuss in the comments column.