Bitcoin Technical Analysis: September 23, 2015 (Completed Bucket Formation)

Entry:

SELL SHORT XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 232 USD with a spot stop limit of 232.5 USD.

Exit:

Close XBTU15 SHORT position at 229 USD;

Consider reducing the position by 40%-60% by taking profit at 230 USD.

Video Analysis: