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
TradingKey Daily Market Briefing: OPEC+ Continues Output Boost, Oil Prices Under Pressure, Gold Rebounds, Bitcoin Stands Above $63,000
1783301377
June Non-Farm Payrolls Preview: Did White House Economic Advisor Give an Early Hint? How Will US Stocks, Dollar and Gold React?
1782808105
US May CPI Preview: Rising Inflation May Push Up Fed Rate Hike Expectations, How Will US Stocks, Dollar, Gold React?
1780998931
Popular Analysis
Popular Analysis
Popular Analysis
Nvidia 2026 Shareholder Meeting Preview: Can Stock Price Hit New Highs? How Blackwell, Vera Production Ramps Will Determine Future Revenue?
1782123833
Finding The Best Japan Stocks to Buy? These are Top Japanese Companies to Watch
1780024576
If SpaceX and Tesla Truly Merge, Should Investors Celebrate or Exit Early?
1779876653
Popular Analysis
Trump's Account May Contain BTC. US President Proposes Another Bitcoin Policy, Just Another Political Talk Show?
1783418792
Bitcoin Price Trend Forecast: Continued ETF Outflows Limit Bitcoin Price Rebound Space, $58,000 Becomes Key Level for Bulls and Bears
1782901428
US-Iran Talks Hit Nonfarm Payrolls Bombshell: Bitcoin Bull-Bear Battle Set to End $60,000 Deadlock?
1782808161
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 64370 is resistance look for 62020
Bitcoin (BTC/USD)
-261.74-0.41%
as long as 64370 is resistance look for 62020.
Our pivot point stands at 64370.
Our preference: as long as 64370 is resistance look for 62020.
Alternative scenario: the upside breakout of 64370, would call for 65190 and 65680.
Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63529 and 63551).
Supports and resistances:
65680 **
65190 *
64370 **
63519 last
62510
62020 **
61530 *
Our preference: as long as 64370 is resistance look for 62020.
Alternative scenario: the upside breakout of 64370, would call for 65190 and 65680.
Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63529 and 63551).
Supports and resistances:
65680 **
65190 *
64370 **
63519 last
62510
62020 **
61530 *
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.
