Bitcoin Technical Analysis: October 7, 2015

Entry:

BUY LONG XBT24H  (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 245.5 USD with a spot stop limit of 245 USD.

Exit:

CLOSE XBT24H LONG position at 250 USD;

Consider reducing the position by 40%-60% by taking profit at 247 USD.

Video Analysis: