NEO is trading at 13.53 and continues to move as part of growth. NEO/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an upward trend in NEO. As part of the cryptocurrency exchange rate forecast for April 7, 2019. A test of the Ichimoku Kinko Hyo signal line region is expected near the level of 12.75. Where can we expect a rebound and an attempt to continue the growth of cryptocurrency with a target near the level of 16.10.
NEO Forecast and Analysis NEO/USD April 7, 2019
An additional signal in favor of the growth of cryptocurrency NEO/USD will be the test of the support area. The second signal will be a rebound from the broken boundary of the ascending channel. Earlier, a weak signal was received for BUY the NEO cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 9.15. The nearest resistance area is at 14.25. The area of support for NEO/USD is located at 12.15.
Cancellation of the growth option of NEO quotes will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with quotes closing below the 11.85 area. This will indicate a change in the upward trend in favor of the upward trend and the continued growth of the digital asset. NEO/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above 14.35.
NEO Forecast and Analysis NEO/USD April 7, 2019 involves an attempt to develop a cryptocurrency correction and a test level of 12.75. Where do we expect to continue the growth of the NEO rate with a potential target near the level of 16.10. Cancellation option lift will fall and the breakdown of the area of 11.85. This will indicate a continued decline in quotations with a potential target of 10.25.