DOGEUSD: Can drop (much) lower based on its 12 year pattern.

DOGE remains bearish on its 1W technical outlook (RSI = 38.789, MACD = -0.022, ADX = 37.901) despite the recent consolidation that turned 1D neutral. Historically it is on a Channel Up that on the previous Bull Cycle didn't make an ATH. Technically the price should fall more, around the 0.0056 of the last Cycle and consolidate there for a year or so. The parabolic rally starts after. So if you are a long term investor buy at the end of the year and expect a very long holding period.

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