DOGS SHORT term Road Map !!!The price is symmetrical in the triangle, which means that we should wait for the triangle to break.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dogs
DOGS Analysis==>>Pumping +20%/+30%Today, I want to analyze the DOGS Telegram project for you. The DOGS token has been listed in various exchanges for less than three days, and its great popularity caused a six-hour interruption on the TON blockchain .
But the bad luck of the DOGS project is that its listing coincides with the arrest of Pavel Durov (the founder of Telegram) in France .
What is the DOGS!?
Dogs Community is a vibrant, community-driven initiative built on the TON Blockchain, designed to leverage Telegram's vast user base and native meme culture. Centered around a beloved dog mascot originally created by Telegram's founder, the project aims to introduce millions to blockchain technology through tokenized stickers, fostering a fun and engaging ecosystem with a focus on community ownership and fair rewards distribution.
Due to the fact that the DOGS token has been listed for less than 3 days , there are few candles visible in the chart, but I will try to show you the support and resistance zones and if you intend to buy or sell the DOGS token You can decide better.
DOGS is currently moving near the Support zone($0.00135-$0.00128) and Support line .
According to Elliott's wave theory , the DOGS token seems to be completing the main wave 4 .
I expect DOGS to go UP to $0.00165 at least.
Note: The increase or decrease of the DOGS token can be directly related to Pavel Durov's court case.
Note: If DOGS goes below the Support zone($0.00135-$0.00128), we should expect further corrections to this token.
Do you have the DOGS token or not❗️❓ Did you sell it or do you want to keep it❗️❓
DOGS Analyze (DOGSUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
First try on DOGSUSDT / Long Setup SettingBINANCE:DOGSUSDT
BINANCE:DOGSUSDT
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001276
0.001302
0.001311
0.001324
0.001344
0.001360
0.001378
🔴SL:
0.00118
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
First Try on DOGSUSDT / Long Setup SettingBINANCE:DOGSUSDT
GATEIO:DOGSUSDT
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001276
0.001302
0.001315
0.001326
0.001340
0.001360
0.001375
0.001385
🔴SL:
On the Chart
🧐The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
DOGS Continues to Surge & Enters the Top 10 Memecoins – what's nDogs, the newly launched memecoin on the TON blockchain, has gained huge popularity after its launch in July. The token mainly targets Telegram users and hence, when the founder was arrested, it was expected to harm the market participants. Moreover, soon after the arrest, the Toncoin (TON) price dropped by 20%, which strengthened the speculations of the DOGS price losing the bullish momentum. However, with the latest update on the CEO of Telegram, Pavel Durov, DOGS price has revived with a decent ascending trend.
The hourly chart of DOGS suggests there is still more room for the bulls to thrive as the technicals remain in their favour regardless of the interim bearish actions. The stochRSI is about to surpass the upper threshold while the MACD displays a drop in the selling pressure. Therefore, with the inception of a fresh buying volume, the DOGS price is expected to rise above the average zone of the rising parallel channel. With this, the price is likely to rise by over 12% and test the upper resistance of the channel above $0.0017.
Here, the bulls are expected to demonstrate significant strength, which may help the new memecoin breach the levels. However, the bearish interference may hinder the progress of the rally but it may remain for a short while as a rise beyond $0.02 appears to be imminent in the first few days of September 2024.
DOGS Analysis - What Shall we Expect !!!BINANCE:DOGSUSDT
As you can see, after the wedge breaks, the price can drop to the bottom of the channel and complete the downward wave (ABC) and then increase.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DOGS memecoin plummets by 23.77%: what's next?DOGS memecoin made a strong entry into the crypto market after a long-anticipated listings on Binance (BNB) and WhiteBIT (WBT) on the 26th of August 2024.
The launch became a social buzz, especially as the launch timing coincided with International Dog Day.
With this favorability, the memecoin was well-positioned to create a strong user base. However, the market did not respond as expected, as prices have expressed a sharp decline.
The listings were anticipated to boost trading activity, and demand, and drive prices up through buying pressure.
However, at press time, the Ton-based meme coin was trading at $0.00122 after a 19.80% decline over the past 24 hours.
Since its launch, DOGS declined by 23.77%. This marked a strong downward trajectory against market predictions. Before the official launch, the memecoin was predicted to surge to $0.002.
Thus, a decline to $0.00129 has left the market worried over future prospects.
Usually, memecoins surge immediately after launch, thus, this launch defied the most common market trend. This showed investor’s lack of confidence in the memecoin’s potential.
Also, according to Coinglass, DOGS has experienced $6.92 million in total liquidation since the launch. Long position liquidation has hit $3.55 million, while short position liquidation hit $3.37 million.
Such high levels of liquidation for short and longs show investors’ lack of confidence, fear, and market uncertainty, which is a bearish market sentiment.
If the current market condition holds, DOGS may plummet further to a pre-listing value of around $0.0005416. But a reversal will drive the meme-coin to its significant resistance level of $0.0018.
However, as the memecoin sets foot, all eyes are set to determine how it navigates the market.
Shopping stocks for my Old Lady- Dogs of the dow pre recession? When in doubt, choose positive carry.
Dividend paying companies that are lagging. Good and bad.
Good because they are priced with less optimism.
Bad because the price my correctly reelect to opportunity going going forward.
Either way, I like looking at dogs of the dow and dogs of the sp500 to do research.
Ive found many gems that way, even if I choose not to use the strategy.
We dont control outcomes. We only control our habits and decisions. The exercise effort is the gold.
Dividends pay me while I wait. Selling premium pays me while I wait. Earning interest pays me while I wait.
Ideas can take longer than you think to work. May as well get some cashflow and reduce your cost basis over time.
P.S. Dont tell my girlfriend I made a video mentioning her. kthankxbye
Doge Spike incoming?We've continued this same trend over 3x working on our forth & it has stayed fairly consistent since the Bull Run! I'm not saying this will be the bull run to get us out of this Bear Market but it could turn us into a nice consolidation phase where we're not eating L's all month.
CHWY one last push? CHWY holding that support line nicely and bounced off 50 day EMA. Watching for a breakout of the downtrend for a clear reversal to retest ATH. Break of the support line this could be a nice short down to 94 under that I can see an overall move down to 87.
High Risk High Reward play
Playing options have a tight stop loss on this as its very overextended stock
Key Levels:
Support: 101.40, 98.60, 97, 94
Resistance: 104.20, 106.85, 110, 112
Monthly Bark Box subscription service to go Public via SPACBARK is a leading global omni-channel brand for dogs. They distribute products that include treats, food and plush chew toys via a monthly subscription called Bark Box. Customers love their dogs and want to provide them healthy food and treats in a fun way. Many customers post box openings on social media as the dogs go crazy to find out what's inside.
Northern Star Acquisition (STIC) is a special purpose acquisition company with $254m to deploy and another $2000 from PIPE investors. On December 17, STIC announced its intention to acquire BARK with the following details at an enterprise value of $1.6b. Ownership will be divided as:
1) BARK Equity (existing owners): 74.3%
2) PIPE Investors: 9.9%
3) SPAC Public Shares: 12.6%
4) SPAC Founder Shares: 3.2%
BARK's unique product offering and data-centric innovation seems to be a winning formula in a community of owners that deeply care about their pets physical and mental health.
A shout out to Jonah Lupton (@JonahLupton) for this pointer. He has a great newsletter you can find from his Twitter feed.
Fundamentals
Net revenue of $149m, $191m, $224m last three years (18,19,20)
Estimated net revenue of $369m, $516m, $706m next three years (21,22,34)
60% gross margins and improving via high quality subscriptions
1.1m subscriptions
Technicals
Up 37.58% since acquisition announce
25m Class A shares outstanding, 20m in float
$465.5m market cap (based on Class A)
Question
I'm not an expert on how the SPAC final merger works. But it seems that given SPAC Public Shares (25m Class A) represents 12.6% of enterprise value, the market is effectively valuing the merged company at $3.6b (465.5m / 12.6% = 3.6b). I'm curious from others what their view is on SPACs and whether you invest before merger or after merger. Looking at other completed acquisitions, you can find cases for both, but typically the price drops back to the $10 for the original issue.
Anyway, looks like a great opportunity to put on the watch list.