MrGekkoWallSt

MrGekkoWallSt

Statistically throughout history, on average, stocks drop by at least 10% at least once a year. I believe that moment may have finally arrived for DIA.

MrGekkoWallSt

In my opinion, the final target seems quite realistic. It will require a capitalization of around $373 billion. Although I have nothing in favor of the project, I believe there are enough grounds and narratives for this to happen.

MrGekkoWallSt

The ORDI token is involved in the DeFi Bitcoin narrative through the Ordinals protocol and the BRC-20 standard. Soon, the new standard known as RUNES will enter the scene. With all of this aligned with the Bitcoin halving, I believe there is a good potential for the narrative around the price of the ORDI token to intensify again. All 21,000,000 ORDIs are in...

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The stages indicated on the graph bear a strong resemblance.

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(REPOSTED) - I made the same post on 31/07, but now it is hidden by Tradingview. ...but you wouldn't believe it. The asset shows signs of being close to its ascent towards new price discoveries after a corrective period. Observe the consolidation patterns of waves II and IV. The first corrective period was long, so this one tends to be short. Notice how the...

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Many don't believe that Cardano will reach new highs in the next bull market. What's your opinion on this?

MrGekkoWallSt Updated 

Despite Michael Saylor's MicroStrategy being one of the largest BTC holding companies, what I see on the chart doesn't make me optimistic at all about a positive correlation with a good cryptocurrency performance. However, in the very long term, their actions may be setting up for something big.

MrGekkoWallSt Updated 

Disregard targets. A frequently observed feature in commodities is the execution of a massive wave 5. What draws my attention in this comparison is the similarity of the wave I (green box) configuration of gold and bitcoin. Thanks!

MrGekkoWallSt Updated 

NVDA is in a highly speculative scenario. For a long time, I've been seeing analysts shouting that the price is stretched and begging for a correction. That's precisely what keeps the uptrend going. As long as there is a large number of open shorts and irrational trading of protections, these and other factors are likely to continue acting as fuel. Some...

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This asset seems to have great profit potential even before surpassing its all-time high. Therefore, I'd keep an eye on these two main targets as potential profit-taking zones.

MrGekkoWallSt Updated 

This token exhibits a rather intriguing default behavior; working with it may indeed be more predictable. I'm keeping an eye on the breakout in the green zone, which could be a sign of a trend change in this asset.

MrGekkoWallSt Updated 

After an Expanded Flat Correction (ABC) similar to 2016, Ethereum entered an accumulative period that is now in its final stages. The uptrend during that cycle was extremely parabolic. Personally, I don't believe in the repetition of the previous magnitude but rather in the direction of the movement. Therefore, disregard price levels in this post. Be...

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(REPOSTED) - I made the same post on 23/07, but now it's blocked by Tradingview. Apparently, #Dogecoin is completing the consolidation of long-term wave 4. Notice the resemblance to the wave 2 setup: the same principles on a smaller time scale.

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It seems inevitable. I usually say that the market is an "organized chaos." People, for the most part, are disorganized and create chaotic realities in their minds. However, as a counter-effect, the market often appears intriguingly simple and organized precisely because of this.

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From September 2021 to November 2022, the asset corrected by more than 95% during its downtrend. I found many similarities in the corrective structure of this period with the potential wave 2 of this new recovery cycle. Please, note the green and purple boxes and the formation of a double bottom. Then, observe how the asset behaved after breaking out of the...

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1 - The seasonality of the first quarter in a general election year is typically not positive. 2 - The index has gained significant ground in the last months of 2023, now nearing the all-time high (ATH). A correction should be viewed with equanimity. 3 - I believe there's a good chance that some pessimistic catalyst will come to the forefront around March. 4 -...

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The consolidation around the support is finally forming a technical pattern and may be signaling a breakout soon.

MrGekkoWallSt Updated 

(REPOSTED) - I made the same post on 24/07, but now it is hidden by Tradingview. Observations: 1 - The configuration of the irregular expanded flat has confused many. 2 - The actual peak of Bitcoin occurred in April/2021. The rise in November/2021 was a trap for testing supply. The Bitcoin bearmarket lasted approximately 626 days, just like we saw between...