NEO NEO/USD is trading at the level of 136.25. 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 we should expect a rebound and an attempt to continue growth with the target near the 155.00 level. 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 28, 2018
Earlier, we received a weak signal for sell of NEO cryptocurrency, due to the crossing of signal lines at 130.00. Cancellation of the growth option for quotations NEO will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 110.00, which will indicate a change 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 145.00.
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