Bitcoin Technical Analysis: October 12, 2015

Entry:

BUY LONG XBT24H  (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 247.5-248 USD with a spot stop limit of 247 USD.

Exit:

CLOSE XBT24H LONG position at 251 USD;

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

Video Analysis:

Bitcoin Technical Analysis: October 11, 2015

Entry:

BUY LONG XBT24H  (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 244.5-244 USD with a spot stop limit of 244 USD.

Exit:

CLOSE XBT24H LONG position at 247 USD;

Consider reducing the position by 40%-60% by taking profit at 246 USD.

Video Analysis: