LINK/USDT Secondary trend. Downward wedge.Logarithm. Secondary trend. Downward wedge.
A clear downward wedge was formed in the pair to the dollar. In case of its breakage, I showed the maximum potential.
Note that the maximum is $53, and the minimum is $5.3 Interestingly done, that is exactly -90%. This makes it clear that the price is completely "manageable. People do not influence the price, they are directed to form the desired price.
A line chart to illustrate the key pivot zones.
Alts should be looked at starting at -90% .
But I want to remind you that -96% is also -60% of -90%.
It's the average set and reset price that matters, but this logic should always be kept in mind. Averaging, this is not buying "cheap", but buying in potential trend reversal zone, if past buying turned out to be wrong (very relevant for those who work with large amounts and keep most of their cryptocurrency on wallets).
The main trend. Time frame 1 week.
LINK/USD Main trend. Wedge. 53$ - 5,3$ = -90%