Wedge

A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH's price falling below $4,000.ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In doing so, Ether dropped below its fourth-quarter upward trendline support. ETH/USD daily price chart. Source: TradingViewETH/USD also tested its 50-day exponential moving average … [Read more...] about Ethereum price risks losing $4K on ‘rising wedge’ breakout fears