Ethereum could start rallying to the upside in the coming days, according to a textbook technical indicator.Prominent market analyst Jonny Moe noted Ethereum trending inside a Falling Wedge pattern, confirmed by converging trend lines, forming lower highs and lower lows. The ETH/USD instrument is about to reach the apex of Wedge which, according to the pattern’s typical behavior, could result in a breakout to the upside.“But if you were going to take a long term ETH long position, here’s the spot,” wrote Moe while referring to the chart as shown below:The post appeared first on NewsBTC
