NEO NEO/USD is trading at the level of 69.74. 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 67.00, from which we should expect a rebound and an attempt to continue growth with the target near 90.00. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
NEO forecast & analysis NEO/USD on December 28, 2017
Earlier, a strong signal was received for the sell of the NEO cryptocurrency, due to the crossing of the signal lines at the level of 57.00. 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 quotations below the area of 50.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations NEO/USD is with the breakdown of the level of 80.00.
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