NEO NEO/USD is trading at the level of 149.27. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. Ichimoku Kinko Hyo upper limit test is expected near the level of 140.00, from which one should expect a rebound and an attempt to continue growth with the aim near 180.00. An additional signal in favor of the growth of the cryptocurrency will be the upper bound level test of the «Triangle» model.
NEO forecast & analysis NEO/USD on January 29, 2018
Earlier, a strong signal was received for buy of NEO cryptocurrency, due to the intersection of signal lines at 135.00. The cancellation of the growth scenario 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 120.00, which will indicate a change 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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