All-Time High (ATH)

ATH stands for “All-Time High,” which is the highest price level that a cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... or any other asset has ever reached. Traders can profit from ATH by using trading strategies such as trend following, breakoutA breakout is a technical analysis term used in cryptocurrency trading that refers to a price movement that breaks through an established resistance level or... trading, or mean reversion.

In trend following, a trader would buy a cryptocurrency when it reaches a new ATH, assuming that the uptrend will continue. In breakout trading, a trader would buy a cryptocurrency when it breaks above a previous ATH, assuming that the breakout will lead to further price increases. In mean reversion, a trader would sell a cryptocurrency when it reaches a new ATH, assuming that the price is overvalued and will eventually return to its mean.

It’s important to note that trading based on ATH can be risky, as prices can be volatile and unpredictable. Traders should always conduct thorough research and analysis before making any trading decisions.