EOS/USD is moving within a triangle pattern ready for breakthrough. Flash crash was caused by speculative orders. EOS/USD is changing hands at $3.77, mostly unchanged both on a day-on-day basis and since the beginning of Thursday trading. The fifth largest digital asset with a market capitalization of $3.38B and an average daily trading volume of $1.4B has gained nearly 47% in recent three months, however, it is still 44% down on a year-on-year basis. On the intraday level, EOS/USD is moving within a narrowing triangle pattern with the boundaries at $3.80 and $3.75. A sustainable breakthrough in either direction will create a strong momentum on the market with the nearest upside target at $3.92 (March 16 high) and psychological $4.00. On the downside, the bears will focus at $3.65 (SMA200, 4-hour) and $3,48 (March 12 low). EOS/UD experienced a mini-version of flash-crash when the price collapsed to $3.60 in a matter of minutes and swiftly returned to $3.80. The see-saw movement was caused by a large speculative order of a technical anomaly. EOS/USD, 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next China: Real activity rebounds after holiday disruption – Standard Chartered FX Street 4 years EOS/USD is moving within a triangle pattern ready for breakthrough. Flash crash was caused by speculative orders. EOS/USD is changing hands at $3.77, mostly unchanged both on a day-on-day basis and since the beginning of Thursday trading. The fifth largest digital asset with a market capitalization of $3.38B and an average daily trading volume of $1.4B has gained nearly 47% in recent three months, however, it is still 44% down on a year-on-year basis. On the intraday level, EOS/USD is moving within a narrowing triangle pattern with the boundaries at $3.80 and $3.75. A sustainable breakthrough in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
