NEO NEO/USD is trading at the level of 138.22. 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 level of 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 March 1, 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 Ichimoku Kinko Hyo with the closing of quotes above the area of 115.00, which indicates the change in the bullish trend in favor of the 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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