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
Divergences in Crypto Trading (Divergence Cheat Sheet inside) - Divergence is a disagreement between price and an oscillating indicator such as MACD or RSI. It is not strong enough an indicator to enter a position, but it gives an idea of the state of the market.
Technical Analysis in Cryptocurrency Trading - Technical indicators work. Sometimes. Should you use technical analysis for crypto?
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.
Market Reversals & Expectations: Why Bottoms Take Years, Not Weeks - Understanding market psychology during reversals. The three pushes to the high. Why belief persists long after reality changes.
Technical Analysis: Stop Using It Wrong (It's Not Magic, It's a Tool) - TA doesn't predict the future. It reads probabilities. Here's why most traders use it backwards.
Fulcrum Bottom - Fulcrum bottom has been talked about a lot lately thanks to mentions in Peter Brandt's reports. Describing it as 'head & shoulders except at the bottom' is not quite cutting it though.