Bitcoin Technical Analysis: November 17, 2015

Entry:

BUY LONG XBT24H  (BitMEX Daily BTC/USD futures contract) while OKCoin.com spot is at 334 USD with a spot stop limit of 332 USD.

Exit:

CLOSE XBT24H Long position at 350 USD;

Consider reducing the position by 40%-60% by taking profit at 340 USD.

Video Analysis:

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: