ramonbenavides12

ramonbenavides12 Updated 

This data is showing several things of importance. 1) All action is below all levels of resistance. 2) PSAR is down 3) MACD is converging a little 4) A Deep V formed which has usually shown me that once a spike occurs a reversal will follow. 5) This could retest at .61 and then if that fails a retest to .47 (I say the floor) may occur. Bolinger band resistance...

ramonbenavides12 Updated 

Euro is crossing to downside. T-1 @ 1.14 50% T-2 @1.09 25% T-3 @1.069 25%

ramonbenavides12

DKS is under pressure with more stores opening and severely lower revenues from sales. Stores are opening in markets that are depressed. This will cause a significant run at the cash on hand and could cause a failure. I shorted in March to May and now April to June. 10 contracts to the lower in anticipation of week financials for q-1. I am short at 10 calls...

ramonbenavides12 Updated 

In a perfect world. Resistance at weekly 50dma. If a failure occurs then fib .886 is in play at .38

ramonbenavides12 Updated 

This is a great text book cup formation. XRP might be at resistance and time will tell. 1) Watch for a handle soon. 2) Cup may continue higher 3) I am setting stop loss at .78 for this run. 4) Could move to 1.20ish to form larger cup. 5) Trading above 50 day average is very good. 6) 50DMA is trying to cross 200DMA. 7) Bulls have this presently. 8) Ghost...

ramonbenavides12 Updated 

The rate of decay to the Cross of Death has increased from 1 cent per day to 3 cents. The implied Cross of Death may occur in 72 hours or less. This compares to a daily loss of 6 cents per candle. Thus, the implied price for the cross to occur is .43 per unit. At .43 per unit the price will be 5 cents shy of the .886 fib at .38. There is structure support...

ramonbenavides12 Updated 

Hello all, Is it possible that this assessment will go three for three. The Bollinger B% has formed a v formation below the zero line. This is an indication that a reversal is near. The last time this happened XRP pulsed to 1.20. The MACD is converging but still too early to tell on the daily. The 4hour has crossed, the 8 hour is near crossing and the 12...

ramonbenavides12 Updated 

Ok- there are multiple things on this chart to consider. 1) BTC is below 200dma 2) Structure resistance is a 6K 3) a possible Hammer Candlestick is forming and my be an indicator of a reversal-Time will tell 4) MACD is wide and continues to show downside. 5) Alt Coins such as Ripple are tied to BTC movements and may be affected. 6) This may be an accumulation period.

ramonbenavides12 Updated 

XRP Cross of Death History 1) Jan 9 2018-One hour 2) Jan 21 2018-4 Hour 3) Feb 04 2018-8 hour 4) Mar 01 2018 12 and 18 hour 5) Daily has not occurred-50dma is closing in on 100DMA. Simple numerical sequence 12,11,25,(24)? 6) Next death cross Mar 25 2018 on the daily????? Let's see if this holds true. Cross differential 4 hour to 12 hour is .42. If next cross is...

ramonbenavides12 Updated 

Dear all, IWM is or may return to the normal uptrend. Look for opportunities to play this ticker. I closed today with 384% gains in 8 days with long call options. More room to grow and I expect trend continuation.

ramonbenavides12 Updated 

Sea Drill is in final stages of a restructure. Its one of the worlds largest drillers and has 13 new units under construction right now with another 5 units available for offshore operations now. What do you think????? Buy or not to buy? Hmmm....this will be interesting to learn the opinions of others! Get deep on this!!!!!

ramonbenavides12 Updated 

See above

ramonbenavides12 Updated 

Warning-This chart is derived with a ghost feed that attempts to predict movements and timing into the future with elliot movements. This chart provides a prediction model based on historical data that may not represent future price action. No one can predict the future! Three Cup Formation Strategy 1) Little Cup (#1) is forming now with a closing at the...

ramonbenavides12 Updated 

BTC on the Daily has formed a Higher low and attempts to establish a new higher high-currently retesting prior historical peak....double top or ?????

ramonbenavides12 Updated 

This pattern is the hardest of all because there is not a clear indication relating to the price action and direction. Either way, this is a sign of impeding breakout and increased volatility. While triple moving overages shows bias to the low and bear flags are formed this pattern indicates a volatile move is forming and completely unpredictable. It is time...

ramonbenavides12

The first cup formed and created a small handle which also could be a small cup too. Either way a handle formed and this is trying to break to the upside. TRX is at a .886 which is always good position to enter for a long hodl. Secondly, TRX cups failed to hit the 1 fib and higher lows are formed. I entered today 15K units for a long hodl.

ramonbenavides12

Here is the news. XRP 12 and 18 hour are confirming a cross of death today. Resistance will transition to the 50DMA on those charts. Unfortunately, the overall prior trend was down and despite several additional great news events and additions to global exchanges, XRP as with most cryptos continue with lackluster movements. In my opinion, XRP will retest the...

ramonbenavides12 Updated 

The DOW (DIA) is showing extreme signs of breakdown below the 50dma. Notice the historical movements and now the volatility of the moves. Huge difference. What is not said can be found in the recent annual Treasury report and confirmed at the FRED (Federal Reserve Economic Data website. 1) The US government operated to the tune of 1.7 trillion dollars...