NEO NEO/USD is trading at the level of 76.84. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in NEO. Ichimoku Kinko Hyo’s lower bound is expected near the level of 72.00, from which it is expected to rebound and try to continue growth with the aim near the level of 90.00.
NEO forecast & analysis NEO/USD on March 22, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for buy of NEO cryptocurrency, due to the crossing of signal lines at 60.00.
Canceling 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 below the area of 60.00, which indicates a change in the flat trend in favor of a bearish trend. Expect the acceleration of the growth of quotations NEO/USD stands with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing above 80.00.
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