- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Analysis
USD/JPY Hits 160.00 Mark, Will Japanese Government Intervene? Will the Currency’s Rally Be Contained?
1774865120
Gold Price Forecast: XAU/USD opens lower around $4,450 on fears of widening Iran conflicts
1774834858
Seesaw Effect Continues. US Pre-Market Three Major Index Futures Weaken, Oil Prices Rise, Bitcoin Drops Below 68,000 Mark
1774606997
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
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
On the Eve of Nonfarm Payrolls, How Will Employment Data Affect Stock Market Trends and Rate Cut Expectations?
1772793010
Top Blog Posts
Top Blog Posts
Top Blog Posts
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
Bitcoin Intraday: as long as 66060 is support look for 70300
Bitcoin (BTC/USD)
+1142.55+1.72%
as long as 66060 is support look for 70300.
Our pivot point is at 66060.
Our preference: as long as 66060 is support look for 70300.
Alternative scenario: below 66060, expect 64470 and 63520.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67277 and 66771).
Supports and resistances:
71260 *
70300 **
69350
67446 last
66060 **
64470 *
63520 **
Our preference: as long as 66060 is support look for 70300.
Alternative scenario: below 66060, expect 64470 and 63520.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67277 and 66771).
Supports and resistances:
71260 *
70300 **
69350
67446 last
66060 **
64470 *
63520 **
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.
