What is All-Time Low (ATL)?

All-Time Low (ATL) refers to the absolute lowest price point recorded for an asset, such as a cryptocurrency, since its inception or listing on an exchange. It represents the minimum value the asset has traded at.

Significance

• Psychological Level: ATLs can act as significant psychological support levels. Breaking below an ATL can signal strong bearish momentum and potentially a lack of confidence in the asset.
• Performance Benchmark: It serves as a benchmark to measure an asset's worst performance and potential downside risk.
• Capitulation Indicator: Reaching new ATLs, especially after a significant price decline, can sometimes indicate market capitulation, where remaining holders give up and sell.

Context

Similar to ATH, ATL is specific to the trading pair and exchange. An asset might have different ATLs when paired against USD, BTC, or ETH, or on different exchanges.

Related Terms

• All-Time High (ATH)
• Bear Market
• Support (Implicit - uses existing Support_and_Resistance.md)
• Price Action