- 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
Trump says US to help ships stranded in Strait of Hormuz as tanker hit by projectiles
1777858398
Brent Oil Breaks Through $120 Mark, Strait of Hormuz Deadlock Continues to Ferment, How Will Trump’s Choice Sway Oil Price Direction?
1777535617
Goldman Sachs: Structurally Bullish on Gold to $5,400, But Warns of Short-Term Pullback
1777457615
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
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: under pressure below 80020
Bitcoin (BTC/USD)
-63.88-0.08%
under pressure below 80020.
Our pivot point is at 80020.
Our preference: under pressure below 80020.
Alternative scenario: above 80020, look for 81220 and 81940.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 79735 and 79115).
Supports and resistances:
81940 **
81220 *
80020 **
78900 last
77050
76340 **
75630 *
Our preference: under pressure below 80020.
Alternative scenario: above 80020, look for 81220 and 81940.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 79735 and 79115).
Supports and resistances:
81940 **
81220 *
80020 **
78900 last
77050
76340 **
75630 *
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.
