Bitcoin Technical Analysis: October 5, 2015

Entry:

SELL SHORT XBT24H  (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 238 USD with a spot stop limit of 238.3 USD.

Exit:

CLOSE XBT24H SHORT position at 236.5 USD;

Consider reducing the position by 40%-60% by taking profit at 237 USD.

Video Analysis: