- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Costco Raised Membership Fees for the First Time in 7 Years. Here's What Investors Learned From It.
1775982900
Prediction: The Trump Bull Market Will End This Year, With the Federal Reserve Delivering the Fatal Blow
1775982360
DeFi on Ripple gains pace as XRP holders tout new yield opportunities
1775982271
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Today’s Market Recap: US and Iran Signal Willingness to End Conflict, Three Major US Stock Indexes Surge, Dollar Ends Five-Day Winning Streak
1775006619
Seesaw Effect Continues. US Pre-Market Three Major Index Futures Weaken, Oil Prices Rise, Bitcoin Drops Below 68,000 Mark
1774606997
Trump Wants TACO? The Script for an Iran War May No Longer Be His to Write
1773223067
Popular Analysis
Geopolitical Premium Strikes Back. Hormuz Strait Reopening Faces Changes, Bitcoin Barely Holds 70,000 Psychological Level
1775725561
U.S.-Iran Ceasefire. Bitcoin Surges Past $72,000, 80,000 Within Reach?
1775643148
Crypto Weekly Radar: All eyes on Donald Trump’s ultimatum, US macroeconomic data
1775468114
Top Blog Posts
Top Blog Posts
Top Blog Posts
Is Mitrade a Legit Broker? A Transparent Review of Security, Platform, and Trading Conditions (2026 Updated)
1775701412
Is Mitrade Right for You? A Complete Guide on How to Start Trading CFDs in 5 Steps
1772762943
6 Leading ASIC-Regulated Forex Trading Platforms&Apps in Australia (2026 Update)
1772762772
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Beginners
Long position VS. short position: Which one is better?
In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
How to Choose an Online Trading Platform
Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.
What is Leverage in Financial Trading?
Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.
Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
2021
Best News & Analysis Provider
FxDailyInfo
2022
Best Forex Educational Resources Global
International Business Magazine
Litecoin Intraday: the upside prevails as long as 54.4 is support
Litecoin (LTC/USD)
-1.44-2.62%
the upside prevails as long as 54.4 is support.
Our pivot point stands at 54.4.
Our preference: the upside prevails as long as 54.4 is support.
Alternative scenario: below 54.4, expect 53.6 and 53.0.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 55 and 54.7).
Supports and resistances:
57.4 *
56.8 **
56.3
55.2 last
54.4 **
53.6 *
53.0 **
Our preference: the upside prevails as long as 54.4 is support.
Alternative scenario: below 54.4, expect 53.6 and 53.0.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 55 and 54.7).
Supports and resistances:
57.4 *
56.8 **
56.3
55.2 last
54.4 **
53.6 *
53.0 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
