Bitcoin Technical Analysis: December 5, 2015

Entry:

SELL SHORT XBT24H  (BitMEX Daily BTC/USD futures contract) while XBT24H is at 374 USD with a spot stop limit of 376 USD.

Exit:

CLOSE XBT24H SHORT position at 360 USD;

Consider reducing the position by 40%-60% by taking profit at 371 USD.

Video Analysis: