Key Points / ATH
-
ATH means All Time High
In trading jargon, ATH stands for All-Time High.
A market makes a new all-time high if its price action rises above the previous all-time maximum price. There is no other requirement for timeframe, patterns or any special technical setup. Even if the market retraces abruptly, the new ATH still counts.
The Bitcoin ATH
On the bitcoin-dollar market, the last ATH happenned when the price rose above 20k USD.
ATH jargon term
ATH is a term that you will find used in legacy trading as well. The ATH term is not specific to crypto markets.
Best Tools for Charting (Crypto AND Legacy)
- Charting App: TradingView
- Advanced Charting App: Tensorcharts
- Trading Platforms: Bitfinex
An indepth look at ATH is here.
More on ATH
5 Questions To Ask Yourself Before Investing In NFTs - NFTs are quite the financial buzz these days, with a growing number of people investing in them. But before you join in, read this article on questions to ask.
How to read option charts: Market sentiment analysis based on crypto derivatives - Crypto options markets reflect the sentiment on the market and are small enough to split the whales from the retail. That makes them a useful tool for technical analysis.
On-Platform Automation: Where to do basic bot trading directly on the crypto exchange - Sometimes all you need to automate is buying after a decent bounce. These days, some crypto exchanges let you do that without a third party bot.
Multiple time frame analysis: Trading several timeframes at the same time - On why it's constructive to trade multiple time frames at the same time and how to manage the stack of your positions and orders.
Thoughts on Reversals and Psychology - Bottoming process, just as any other market reversal, is strongly influenced by psychology.
Wyckoff trading method for ranging markets - Fully reworked primer on ranging crypto markets. Includes Wyckoff method for market phases and recommended TradingView scripts.