NEO forecast cryptocurrency market on October 15, 2018

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NEO forecast cryptocurrency market on October 15, 2018

Cryptocurrency NEO NEO/USD is trading at 16.26 and continues movement in the correction. 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 October 15, 2018, is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 16.80, where we can expect rebound and attempted another cryptocurrency with the purpose of around 14.00.

NEO forecast cryptocurrency market on October 15, 2018

Additional signal in favor of fall cryptocurrency NEO/USD will perform the test of resistance, and rebound from the upper boundary of the ascending channel. Was previously received signal average strength for sales cryptocurrencies NEO, due to the intersection of the signal lines at the level of 18.20.

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 the 17.50 area, 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 15.50 level.

Thus, NEO forecast cryptocurrency market on October 15, 2018 involves the attempt to develop correction cryptocurrency and test at 16.80, where we can expect further rate fall of the NEO with a potential target near the level of 14.00, cancellation of risk will be the growth and breakdown region 17.50, which indicates continued growth.

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