NEO NEO/USD is trading at the level of 136.71. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. The test area of the Ichimoku Kinko Hyo signal lines near the level of 130.00 is expected, from which one should expect a rebound and an attempt to continue growth with the target near 160.00. 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 February 21, 2018
Earlier, a strong signal was received for buy of NEO cryptocurrency, due to the crossing of signal lines at 110.00. Canceling 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 115.00, which will indicate a shift in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations NEO/USD is with the breakdown of the resistance area and closing above 140.00.
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