NEO NEO/USD is trading at 68.05. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over NEO. Ichimoku Kinko Hyo lower limit test is expected near the level of 60.00, from which it is expected to rebound and try to continue growth with the target near the level of 90.00.
NEO forecast & analysis NEO/USD on March 23, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. Earlier, we received a weak signal for buy of NEO cryptocurrency, due to the crossing of signal lines at 60.00.
The cancellation of the variant of the growth of quotations NEO will be the breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 57.00, which will indicate the change of the flat trend in favor of the bearish one. To expect confirmation of the growth of quotations NEO/USD stands with the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing above 75.00.
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