NEO NEO/USD is traded at the level of 75.90. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 74.00, from which one should expect a rebound and an attempt to continue growth with the target near the level of 90.00.
NEO forecast & analysis NEO/USD April 23, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the 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.
Cancellation of the growth option for quotations NEO will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 65.00, which indicates the 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 resistance area and the closing above the level of 80.00.
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