Key Points / ATH
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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
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Wyckoff Avoidance Strategy in Cryptocurrency Trading - Wyckoff method of avoidance means to trade only the best stocks in the leading sectors. How to apply this motto when trading cryptocurrencies?
Volume profile trading on TradingView - ScriptSpotlight - Quite a dive into volume trading with various (free) volume profile indicators on TradingView and Cryptowatch.
Technical Analysis in Crypto: How to use TA strategically - With links to the selection of best tools and scripts
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.