Bitcoin Technical Analysis: October 2, 2015

Entry:BUY LONG XBT24H(BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at238.5USDwith a spot stop limit of 238 USD.Exit:CLOSE XBT24H LONG position at 241 USD; Consider reducing the position by 40%-60% by taking profit at 240 USD.Video Analysis:https://youtu.be/bAT-8U6JoyM

WRITTEN BY

Arthur Hayes

TAGS

tradingfuturesbitcointechnical-analysisanalysis