Buying Coins at an All-Time-High (ATH)

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Buying Coins at an All-Time-High (ATH)

Is buying coins at an All-Time-High (ATH) a good idea? As crypto markets continue to rally, Bitcoin and many altcoins are hitting new all-time-highs (ATH).

These include TRX, BNB, RENDER, ONDO, BRETT, VIRTUAL, ZRO, MOODENG among others. See full list here.

We all want the best price possible, and buying near an all-time-high (ATH) doesn’t feel like we are getting the best price.

Most investors fret when coins hit new highs, but should they?

No.

It turns out, buying coins at or near their ATH is a pretty damn good strategy. Hitting ATH is a bullish indicator, at least in the near term.

Coins that are outperforming have a tendency to continue to outperform. All-time-highs tend to follow other all-time-highs.

This is how markets work. When more dollars are trying to get into an asset than are trying to get out, prices rise. And if this behavior continues, prices will continue to rise.

This is why all-time-highs tend to follow all-time highs. Higher prices attract more buyers which attracts higher prices, etc.

Of course, this won’t last forever, but it can go on longer than you think. This is why there is nothing wrong with striking while the iron is hot.

It’s a classic momentum strategy.

How to find ATH on altFINS?

altFINS’ Screener can help you use all-time-high (ATH) indicator to identify and alert you of such trading opportunities.

We have seven different ways of using our ATH indicator to identify trading ideas in our Pre-set Filters menu:

Coins with recent ATH (see live results)
Coins within 5% of ATH (see live results)
Coin within 5% of ATH and had a recent bullish MACD crossover (see live results)
Coins within 5% of ATH and had a recent bullish inflection in MACD Histogram (see live results)
Coins that had a recent ATH, pulled back but MACD is starting to inflect bullish (see live results)
Coins within 5% of ATH but are not extremely overbought (see live results)
Coins that had a recent ATH, still within 10% of ATH, and are not extremely overbought (see live results)

Our trade setups have been crushing it! Don’t miss the latest breakouts to profit from the raging bull market.

Example: TRON (TRX)

Example: Binance Coin BNB