- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
BoJ’s Ueda says US tariffs likely to exert downward pressure on Japan, global economies
1743729570
AUD/USD posts modest gains above 0.6300 as Trump tariffs fuel recession fears
1743728528
Experts Explain Why Ethereum (ETH) Price Could Fall Below $1,500 In 2025 As Buyers Search For Promising Tokens Like Mutuum Finance (MUTM)
1743728400
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Experts Explain Why Ethereum (ETH) Price Could Fall Below $1,500 In 2025 As Buyers Search For Promising Tokens Like Mutuum Finance (MUTM)
1743728400
What to expect from Bitcoin and XRP following Trump tariffs: Experts weigh in
1743727215
Trump’s so-called ‘Liberation Day’ may push the US into a recession
1743727211
Popular Articles
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Gold price buying remains unabated; fresh record highs being set amid risk-off mood
1743657810
Gold price stabilizes ahead of Trump's tariffs announcement on “Liberation Day”
1743588113
U.S. March Nonfarm Payroll Preview: Even If Data Aligns with Expectations, Financial Markets May Not Escape the Fate of Volatility
1743584344
Popular Analysis
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: eye 78.7
Litecoin (LTC/USD)
+0.45+0.55%
eye 78.7.
Our pivot point stands at 85.5.
Our preference: eye 78.7.
Alternative scenario: the upside breakout of 85.5, would call for 88.1 and 89.6.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (84.4) but above its 50 period moving average (83.5).
Supports and resistances:
89.6 **
88.1 *
85.5 **
84.5
83.5 last
80.3
78.7 **
77.2 *
75.7 **
Our preference: eye 78.7.
Alternative scenario: the upside breakout of 85.5, would call for 88.1 and 89.6.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (84.4) but above its 50 period moving average (83.5).
Supports and resistances:
89.6 **
88.1 *
85.5 **
84.5
83.5 last
80.3
78.7 **
77.2 *
75.7 **
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.
