NEO NEO/USD is trading at 148.26. 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 140.00 level is expected, from which it is expected to rebound and attempt to continue growth with the target near 185.00. 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 January 17, 2018
Previously, a strong signal was received for the buy of the NEO cryptocurrency, due to the crossing of the signal lines at the level of 100.00.
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 quotes below the 110.00 area, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations NEO/USD is worth a breakdown at 155.00.
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