Bitcoin Technical Analysis: September 13, 2015

Entry:

Sell SHORT XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 237-238 USD with a spot stop limit of 238.5 USD.

Exit:

Close XBTU15 SHORT position at 230 USD;

Consider reducing the position by 40%-60% by taking profit at 234 USD.

Video Analysis: