Automata Network (ATA) - Bullish divergenceOn the above weekly chart price action has corrected 95%. A number of reasons now exist for a bullish outlook, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence.
3) What was said above is also true for the ATA-BTC pair.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: days
Return: Will say elsewhere