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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.
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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.
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Ethereum Intraday: as long as 3198 is resistance look for 2978
Ethereum (ETH/USD)
-20.39-0.97%
as long as 3198 is resistance look for 2978.
Our pivot point is at 3198.
Our preference: as long as 3198 is resistance look for 2978.
Alternative scenario: above 3198, look for 3273 and 3317.
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 above its 20 period moving average (3117) but below its 50 period moving average (3120).
Supports and resistances:
3317 **
3273 *
3198 **
3168
3118 last
3022
2978 **
2933 *
2889 **
Our preference: as long as 3198 is resistance look for 2978.
Alternative scenario: above 3198, look for 3273 and 3317.
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 above its 20 period moving average (3117) but below its 50 period moving average (3120).
Supports and resistances:
3317 **
3273 *
3198 **
3168
3118 last
3022
2978 **
2933 *
2889 **
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.
