Aug. 6 at 8:46 PM
$ATAI bulls bounce hard from hourly oversold
ATAI bulls bounced hard from the daily EMA12 at hourly oversold conditions, V-shape bounce into hew high of day with a close at the high. This is the highest close in well over 3 years! We haven't yet changed the hourly trend back to bullish, but we did end the downtrend. I got a lot of information from today's price action and tomorrow's price action will be equally important as well, as we will need to form an hourly higher low above today's low and change the hourly trend back to bullish.
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https://www.tradingview.com/chart/ATAI/SpL7vkpF-ATAI-bulls-bounce-hard-from-hourly-oversold/