NEO NEO/USD is trading at 51.97. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. Ichimoku Kinko Hyo Cloud is expected to test near the level of 50.00, from which it is expected to rebound and try to continue growth with the aim near the level of 60.00.
NEO forecast & analysis NEO/USD April 11, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for buy of NEO cryptocurrency, due to the crossing of signal lines at 46.00.
The cancellation of the variant of the growth of quotations NEO will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the 47.00 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations NEO/USD stands with the breakdown of the upper boundary of the channel and the closing above the level of 62.00.
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