- 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
Popular Analysis
Popular Analysis
Popular Analysis
Alibaba-Linked Stocks Surge in Hong Kong—But Alibaba Itself Remains Weak
1749719474
IBM to Launch the World’s First Fault-Tolerant Quantum Computer by 2029, Stock Price Soars for Eight Consecutive Days
1749629819
Why Can't the U.S. Break Free from Its Dependence on Chinese Rare Earths? 4 Rare Earth Stocks to Watch
1749623136
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
Litecoin Intraday: as long as 90.4 is support look for 95.8
Litecoin (LTC/USD)
-3.86-4.21%
as long as 90.4 is support look for 95.8.
Our pivot point stands at 90.4.
Our preference: as long as 90.4 is support look for 95.8.
Alternative scenario: below 90.4, expect 88.4 and 87.2.
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 92 and 91.2).
Supports and resistances:
98.1 **
96.9 *
95.8 **
94.6
92.1 last
91.1
90.4 **
88.4 *
87.2 **
Our preference: as long as 90.4 is support look for 95.8.
Alternative scenario: below 90.4, expect 88.4 and 87.2.
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 92 and 91.2).
Supports and resistances:
98.1 **
96.9 *
95.8 **
94.6
92.1 last
91.1
90.4 **
88.4 *
87.2 **
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.
