DIGITAL-ALPHA
Short

DIGITAL ALPHA UPDATE NEO - NEO can't stop the bullets

BINANCE:NEOBTC   NEO / Bitcoin
What up everyone! Happy Saturday, hope this finds you well. This one is pretty quick here. We have the candles on the 1 day timeframe. NEO keeps entering this pivotal area shown in the magenta box. You can see price changed direction at this point 8 separate times. We are about to hit that area now. Note when price entered this area quickly from above, price plowed through into the lower magenta box. This will be a move to look out for in the next few days. As a trader, if price bounces at the 0.0044 area then I'd be considering an entry. Price might very well reverse at 0.0055 (top magenta box). Either way, wait for the reversal to be confirmed before making a move, else you are just getting stabbed trying to catch a falling knife...or for the corny punch lines, getting shot instead of matrix like dodging of bullets.

DA BULL
Comment: This will most likely blow right through the magenta box. New target is closer to 0.0036. Wait for entry after BTC starts its downward trend (see post "Time for Tea for details").

Comment: Next area to watch for a potential entry is 0.0035. Wait for confirmation that the drop has ceased before entering.

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