Bitcoin Technical Analysis: September 16, 2015

Entry:

Buy LONG XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 227-229 USD with a spot stop limit of 226 USD.

Exit:

Close XBTU15 LONG position at 232 USD;

Consider reducing the position by 40%-60% by taking profit at 229USD.

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