Confirmed breakout on the 1h timeframe, successfully establishing a new 7-day high. With an daily volume increase of at least 10-20% - Market cap is rising fast, expenationally.
This is a legit project, ATH is like Google Cloud or Amazon Web Services - but takes payments in Cryptocurrency instead of Visa cards. This is a huge industry, especially since people need Cloud Computing to create AI programs. And guess what? ATH specialized in high end GPU''s, exactly those NVIDIA chips required for large AI models. I am still waiting for some lower end GPU's to come available for the creation of web applications, but I think they will add it soon.
Even if you are a day trader, buying ATH is a solid investment, forget about stop loss.
This is a legit project, ATH is like Google Cloud or Amazon Web Services - but takes payments in Cryptocurrency instead of Visa cards. This is a huge industry, especially since people need Cloud Computing to create AI programs. And guess what? ATH specialized in high end GPU''s, exactly those NVIDIA chips required for large AI models. I am still waiting for some lower end GPU's to come available for the creation of web applications, but I think they will add it soon.
Even if you are a day trader, buying ATH is a solid investment, forget about stop loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.