NEO NEO/USD is trading at the level of 137.61. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 130.00, from which one should expect a rebound and an attempt to continue growth with the aim near 165.00. 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 January 15, 2018
Previously, a strong signal was received for the sell of the NEO cryptocurrency, due to the crossing of the signal lines at the level of 100.00. Canceling the growth of NEO quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 105.00 area, 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 stands with the breakdown of the upper boundary of the rising channel and the closing above the level of 140.00.
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