NEO forecast cryptocurrency market on September 12, 2018

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NEO forecast cryptocurrency market on September 12, 2018

Cryptocurrency NEO NEO/USD is trading at 17.41. Cryptocurrency trading below the lower border of the Ichimoku Kinko Hyo Cloud, indicating a downward trend for NEO. Under the forecast of the course of bitcoin on September 12, 2018, is expected to test region signal lines Ichimoku Kinko Hyo near the 18.00 level where we can expect rebound and attempt to continue reducing the cryptocurrency with the purpose of around 14.00.

NEO forecast cryptocurrency market on September 12, 2018

Additional signal in favor of fall cryptocurrency NEO/USD will perform the test of resistance and rebounded from the upper border of the descending channel. Earlier it was obtained a weak signal for selling cryptocurrency NEO, due to the intersection of the signal lines at the level of 23.00.

The cancellation option drop in prices of NEO will be a break of the upper border of the Ichimoku Kinko Hyo Cloud with the closing of the quotations above 21.50, which will point to a change in the downward trend in favor of a rising trend and continued growth of the digital asset. Expected to accelerate the drop in prices of NEO/USD is a breakout of the support area and closing below the level of 16.50.

Thus, NEO forecast cryptocurrency market on September 12, 2018 involves the attempt to develop correction cryptocurrency and test at 18.00, where we can expect continuation of growth course NEO with a potential target near the level of 14.00, with a cancellation option growth will be the drop and the breakdown region 21.50, which indicates continued decline.

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