NEO NEO/USD is trading at the level of 130.99. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. The test of the lower boundary of Ichimoku Kinko Hyo Cloud is expected near the level of 133.00, from which one should expect a rebound and attempt to continue falling with the aim near 105.00.
NEO forecast & analysis NEO/USD on February 2, 2018
Earlier, we received a weak signal for sell of NEO cryptocurrency, due to the crossing of signal lines at 150.00. Canceling the variant of falling quotations NEO will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 155.00, which indicates the change in the bullish trend in favor of a bearish trend. Expect the acceleration of the decline in quotes NEO/USD is with the breakdown of the support level and closing below 120.00.
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