NEO NEO/USD is traded at the level of 120.87. 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 105.00, from which one should expect a rebound and an attempt to continue growth with the target near 150.00. An additional signal in favor of the growth of the cryptocurrency is the formation of the reversal model «Head and Shoulders».
NEO forecast & analysis NEO/USD on February 16, 2018
Earlier, a strong signal was received for buy of NEO cryptocurrency, due to the crossing of signal lines at 110.00. 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 quotes below the area of 95.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations NEO/USD is with the breakdown of the resistance area and closing above 130.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
