Bitcoin Technical Analysis: December 8, 2015

Entry:

SELL SHORT XBT24H  (BitMEX Daily BTC/USD futures contract) while XBT24H is at 400 USD with a spot stop limit of 405 USD.

Exit:

CLOSE XBT24H SHORT position at 376 USD;

Consider reducing the position by 40%-60% by taking profit at 382 USD.

Video Analysis: