ATAI closed the day with a bullish looking candle for the first time since daily consolidation started July 2. Big bounce on the hourly chart today but stopped just shy of two key short term hourly resistances 2.76 and 2.82. Tomorrow bulls want to see these levels taken out and an hourly uptrend regained in order to call 2.53 our new daly higher low.
A big bounce is nice but we MUST see 1) hourly resistance breaks and 2) hourly uptrends. So far, neither of these things have happened.
A big bounce is nice but we MUST see 1) hourly resistance breaks and 2) hourly uptrends. So far, neither of these things have happened.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.