Bitcoin Technical Analysis: September 21, 2015


SELL SHORT XBTU15 (BitMEX weekly BTC/USD futures contract) while spot is at 227.5 USD with a spot stop limit of 228 USD.


Close XBTU15 SHORT position at 224.5USD;

Consider reducing the position by 40%-60% by taking profit at 226.5 USD.

Video Analysis:

Note: Today’s call has been adjusted to structure of the recent drop.