DOGEUSDT MACRO BULL REPORT UPDATE April 05 2023
The macro timeframe is showing that the M and Q cycles have printed their permanent "closing" lows.
This means, DOGEUSDT bulls may not let price be closing on the M or Q below 0.06 for the rest of the consolidation period PHASE.
Based on the macro chart, Dogeusdt has 3 phases:
Phase1 is consist of a 12M of downtrend from the bull market peak (May2021-May2022)
Phase2, which is the consolidation/accumulation period, starts at the end of phase1 (May2022), and it usually lasts for 700-750days or till the BTC 1/2ing (May2024).
Phase3 or the Parabolic Phase, takes place when BTCUSDT breaks its ATH. And this phase typically lasts for for 6-12M.
The macro timeframe is showing that the M and Q cycles have printed their permanent "closing" lows.
This means, DOGEUSDT bulls may not let price be closing on the M or Q below 0.06 for the rest of the consolidation period PHASE.
Based on the macro chart, Dogeusdt has 3 phases:
Phase1 is consist of a 12M of downtrend from the bull market peak (May2021-May2022)
Phase2, which is the consolidation/accumulation period, starts at the end of phase1 (May2022), and it usually lasts for 700-750days or till the BTC 1/2ing (May2024).
Phase3 or the Parabolic Phase, takes place when BTCUSDT breaks its ATH. And this phase typically lasts for for 6-12M.
