NEO NEO/USD is trading at the level of 129.18. 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 130.00, from which one should expect a rebound and attempt to continue falling with the aim near 90.00. An additional signal in favor of the fall of the cryptocurrency will come from the upper bound of the «Triangle» model.
NEO forecast & analysis NEO/USD on January 25, 2018
Earlier, a strong signal was received for sell of NEO cryptocurrency, due to the crossing of signal lines at 139.00. Cancellation of the growth option for 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 135.00, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotes NEO/USD stands with the breakdown of the lower limit of the model «Triangle» and the closing below the level of 100.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
