- EOS just at the middle of the triangle.
- Seems to heading for a breakout.
EOS, the crypto that knows how to surprise the bulls as well as bears is sitting just in the middle of the triangle range and seems to be heading towards a breakout, though it won’t be as bigger as it was in the month of April.
EOS/USD is down more than a percent on day at $8.273 just around the low of the day. On the hourly chart, EOS has formed a triangle which is at the cusp of a breakout, which once confirmed, would result into prices rallying up further from here.
Confirmation of the breakout would be once it crosses past $8.40 and target of this breakout on the upside would be somewhere close to $9.20. Immediate support is at $8.22.
EOS/USD hourly chart: