NEO NEO/USD is trading at the level of 109.83. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. The Ichimoku Kinko Hyo Cloud test is expected near the 105.00 level, from which one should expect a rebound and an attempt to continue the fall with the aim near 140.00. An additional signal in favor of the fall of the cryptocurrency is the formation of the reversal model «Head and Shoulders».
NEO forecast & analysis NEO/USD on February 13, 2018
Earlier, a medium strength signal was obtained for the sell of the NEO cryptocurrency, by crossing the signal lines at 105.00. 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 125.00, 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 boundary of the bearish channel and closing above 120.00.
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