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
Tesla Q2 Earnings Preview: Record Deliveries Fail to Hide Profit Pressure, Can Musk Rely on AI and Autonomous Driving to Unlock New Growth Space?
1784542893
Crude Oil Price Forecast: Worsening US-Iran Tensions Support Oil Prices Breaking Above $90, Can Brent Crude Return to $100?
1784542854
WTI surges above $83.00 amid escalating US-Iran conflict
1784511249
Popular Analysis
TradingKey Daily Market Brief: Gold Falls Below $4,000, TSMC’s Strong Earnings Fail to Stop AI Trade Cooling, Chip Stocks Sold Off
1784252064
US June CPI Preview: Can Cooling Inflation Open Up Fed Rate Cut Expectations? How Will US Stocks, the Dollar, and Gold React?
1783938104
TradingKey Daily Market Briefing: OPEC+ Continues Output Boost, Oil Prices Under Pressure, Gold Rebounds, Bitcoin Stands Above $63,000
1783301377
Popular Analysis
Popular Analysis
Crude Oil Price Forecast: Worsening US-Iran Tensions Support Oil Prices Breaking Above $90, Can Brent Crude Return to $100?
1784542854
WTI surges above $83.00 amid escalating US-Iran conflict
1784511249
Gold Price Forecast: Cooling Inflation Fails to Offset Fed Hawkish Pressure, Gold Price May Fall to $3,500
1784284217
Popular Analysis
Tesla Q2 Earnings Preview: Record Deliveries Fail to Hide Profit Pressure, Can Musk Rely on AI and Autonomous Driving to Unlock New Growth Space?
1784542893
SK Hynix ADR Premium Narrows Sharply, Two-Way Conversion Imminent, Arbitrage Window Tests Pricing
1784197649
Today’s Market Recap: Unexpected PPI Drop Boosts Markets, Apple Hits All-Time High, AI Hardware Stocks Remain Under Pressure, Micron, SanDisk Slump
1784164801
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: the upside prevails as long as 63,766 is support
Bitcoin (BTC/USD)
+704.57+1.09%
the upside prevails as long as 63,766 is support
Our pivot point is at 63,766.
Our preference: the upside prevails as long as 63,766 is support
Alternative scenario: below 63,766, expect 62,797 and 62,220.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64,493 and 64,578).
Supports and resistances:
66,993 *
66,414 **
65,836
64,634 last
63,766 **
62,797 *
62,220 **
Our preference: the upside prevails as long as 63,766 is support
Alternative scenario: below 63,766, expect 62,797 and 62,220.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64,493 and 64,578).
Supports and resistances:
66,993 *
66,414 **
65,836
64,634 last
63,766 **
62,797 *
62,220 **
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.
