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Popular Articles
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WTI Price Forecast: Bears have the upper hand below 23.6% Fibo. and 200-hour SMA
1794546750
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Popular Analysis
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Popular Analysis
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Popular Analysis
Popular Analysis
Brent rose 3.3% and US crude stocks built 4.66 million barrels in the same week
1794539188
Gold hit a one-year low while central banks bought 321 tonnes — the sellers were never the ones you think
1794537623
Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money left
1794453624
Popular Analysis
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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.
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Bitcoin Intraday: Look for 75,178
Bitcoin (BTC/USD)
-2925.48-4.09%
The upside prevails as long as 73,133 is support, with 75,178 and 75,730 as targets
Our pivot point is at 73,133.
Our preference: The upside prevails as long as 73,133 is support, with 75,178 and 75,730 as targets
Alternative scenario: below 73,133, expect 72,208 and 71,658.
Comment: A clear directional push is needed before the technical picture can be validated.
Supports and resistances:
76,281 *
75,730 **
75,178
73,727 last
73,133 **
72,208 *
71,658 **
Our preference: The upside prevails as long as 73,133 is support, with 75,178 and 75,730 as targets
Alternative scenario: below 73,133, expect 72,208 and 71,658.
Comment: A clear directional push is needed before the technical picture can be validated.
Supports and resistances:
76,281 *
75,730 **
75,178
73,727 last
73,133 **
72,208 *
71,658 **
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.
