EN
- English
- 繁體中文
- 简体中文
- ไทย
- Tiếng việt
- Español
- Português
- Deutsch
- 한국어
- English(Australia)
- 繁體中文（澳洲）
- 简体中文（澳洲）
- العربية
- English(UAE)
- 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
US May CPI Preview: Rising Inflation May Push Up Fed Rate Hike Expectations, How Will US Stocks, Dollar, Gold React?
1780998931
US President Donald Trump says trade will be priority in summit with Xi, not Iran
1778635354
April NFP Lands at 8:30 AM Today — 65K Forecast, a New Fed Chair, and the Dollar at Triple-Bottom Support
1778237752
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Bitcoin network activity hits new high despite stalled prices — CryptoQuant
1781852793
Bitcoin Price Forecast: BTC slips below $64,000 as hawkish Fed stance weighs on risk appetite
1781774143
New Fed Chair to Cut Forward Guidance? Warsh Rejects Dot-Plot Expectations, Bullish or Bearish for Bitcoin?
1781690144
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 63090 is support look for 65290
Bitcoin (BTC/USD)
+371.65+0.58%
as long as 63090 is support look for 65290.
Our pivot point is at 63090.
Our preference: as long as 63090 is support look for 65290.
Alternative scenario: the downside breakout of 63090 would call for 62280 and 61800.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63717 and 63507).
Supports and resistances:
65770 *
65290 **
64810
63815 last
63090 **
62280 *
61800 **
Our preference: as long as 63090 is support look for 65290.
Alternative scenario: the downside breakout of 63090 would call for 62280 and 61800.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63717 and 63507).
Supports and resistances:
65770 *
65290 **
64810
63815 last
63090 **
62280 *
61800 **
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.
