- 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
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Semiconductor Sector Continues to Rise, Should Retail Investors Buy Intel or AMD?
1777026457
JPMorgan Raises S&P 500 Target; Can AI Sector Continue to Drive US Stocks?
1776853892
Tesla Q1 2026 Earnings Preview: 50,000-Unit Inventory Overhang, Energy Storage Halved, 5 Core Metrics Long-Term Investors Should Really Watch
1776766756
Popular Analysis
Bitcoin Returns to $79,000 Level. Prediction Markets Bullish on Breaking $80,000 in April
1777286134
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
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: the downside prevails as long as 71960 is resistance
Bitcoin (BTC/USD)
-116.11-0.15%
the downside prevails as long as 71960 is resistance.
71960 is our pivot point.
Our preference: the downside prevails as long as 71960 is resistance.
Alternative scenario: the upside breakout of 71960, would call for 73060 and 73720.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 71320 and 71534).
Supports and resistances:
73720 **
73060 *
71960 **
71031 last
69700
69040 **
68380 *
Our preference: the downside prevails as long as 71960 is resistance.
Alternative scenario: the upside breakout of 71960, would call for 73060 and 73720.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 71320 and 71534).
Supports and resistances:
73720 **
73060 *
71960 **
71031 last
69700
69040 **
68380 *
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.
