Bitcoin Technical Analysis: September 8, 2015

Entry:

Buy long XBTU15 (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 240-238 USD with a spot stop limit of 237 USD.

Exit:

Close XBTU15 long position at 255-260 USD;

Consider reducing the position by 40%-60% by taking profit at 250 USD.