NEO NEO/USD is trading at the level of 75.98. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. Ichimoku Kinko Hyo signal line area test is expected near the level of 73.00, from which it is expected to rebound and try to continue growth with the aim near the level of 85.00.
NEO forecast & analysis NEO/USD April 21, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the uplink channel, as well as a test of the support level. Earlier, we received a weak signal for buy of NEO, due to the crossing of signal lines at 46.00.
The cancellation of the growth option for NEO quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 60.00, which will indicate a change in the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations NEO/USD stands with the breakdown of the upper border of the channel and the closing above the level of 77.00.
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