Bitcoin Technical Analysis: September 12, 2015

Entry:

Buy long XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 239-240 USD with a spot stop limit of 236 USD.

Exit:

Close XBTU15 long position at 250-260 USD;

Consider reducing the position by 40%-60% by taking profit at 245 USD.

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