Bitcoin Technical Analysis: September 22, 2015 (Scalp The Price Channel)

Entry:

SELL SHORT XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 228 USD with a spot stop limit of 229 USD.

Exit:

Close XBTU15 SHORT position at 224 USD;

Consider reducing the position by 40%-60% by taking profit at 226 USD.

Video Analysis: