MON/USDT: Early Bullish Signal on the 3D Chart | Moon Protocol |This could be considered a very early entry signal on the **3D chart**, with the price trading above the **LT (local top)** and the **20 MA**, signaling the potential start of a trend reversal. The **Parabolic SAR (PSR)** has flipped bullish, further reinforcing the upward momentum.
The **CMF (Chaikin Money Flow)** is showing a strong recovery into positive territory, highlighting significant capital inflows and renewed buyer interest. Alongside this, the rising **OBV (On-Balance Volume)** confirms steady accumulation, providing additional support for the bullish case. The **RSI (48.35)** is climbing but remains below overbought levels, leaving ample room for further upside.
A sustained move above the **LT (local top)** would confirm this bullish shift, paving the way for further gains. However, watching for volume confirmation will be crucial to validate the breakout and sustain the momentum.
MON
One Trillion Market CapI've been curious as to what players would be involved to have the Crypto world have a one trillion dollar market cap. Looking at the top 20 coins, it looks as though we sit around $600 Billion, so less than a doubling of the current market. I truly believe the "FOMO" hasn't even arrived in the market and once they catch on that we'll see the trillion dollar mark by at least the end of 2018, if not earlier. The Crypto players that will be a part of this will involve a handful picked out from the top 20. 2018 will not only bring new dollars into the arena, but will also separate the good coin from the bad. Something has to give in regards to having a couple of thousand coins...mostly fluff coins with no apparent reason to exist other than to scam and tarnish the good products here. The former big three (BTC, ETH, LTC) will still be around, along with some new comers such as XRP, MON, IOTA...however, in what capacity they contribute to that trillion dollar market cap will be the interesting thing to watch as 2018 progresses. Happy trading!
MON -- The devil's lettuce tastes good (pt. 2)I've been watching this one a while now... I made a call that if we break the yellow / 122 level we will see almost a double up to near 230 based on some gann projections in the other idea (check it out it is linked)
Manage your risk (almost a 5:1 if you're willing to risk 20% to get near 100%)
GL HF
xoxo
sn00p
Progress vs. EffortHi guys. I'm humbly sharing my stock ideas here with long term investors. I'm only commenting on the technical signs. Thank you for your attention.
[MON] Long on a Text Book Pennant Setup on the Daily ChartTaking Monsanto Long for a measured move of +3.74% (+$4.00/sh) to $112.50. Stop is at $106.74 for a better than 2-to-1 R:R. Volume has been strong on green, weak on red as this formation sets up to break out.
This chart may also be completing a cup and handle on the daily, making the measured move closer to +$12, taking it to a potential price of $120/sh.
MONSANTO: CORRECTION BEFORE THE NEXT WAVE UP?MONSANTO is in the middle of a corrective structure, I'm expecting a breakout to the upside. Possible target on chart. A strong breakout of the dotted line can invalidate this setup.
Monsanto
indicator Aligator,the green line crosses the red line. But gap should be blocked.
And immediately going up
TRADE IDEA: MON APRIL 15TH 76.5/81/93.5/98 IRON CONDORMON announces earnings on Wednesday before market open, so look to put on your play on Tuesday in the waning hours and minutes of the NY session. As with all earnings plays, you may have to tweak your strikes somewhat, depending on how MON moves running into the end of the session.
Here are the metrics for this defined risk setup:
Probability of Profit: 69%
Max Profit: $63/contract
Buying Power Effect/Max Loss: $387/contract
Alternatively, you can go short strangle:
MON April 15th 81/93.5 short strangle
Probability of Profit: 72%
Max Profit/Buying Power Effect: $99/~$1140/contract
Notes: Because we're just at the beginning of earnings season, I'm looking to manage my capital a bit more efficiently here and will probably use the iron condor because it's defined risk and the per contract buying power effect is easier to swallow than that of the short strangle ... . Additionally, the broad market is in a low volatility environment here, and I don't want to have a bunch of buying power tied up with earnings plays in the event we get a volatility pop such that I can wade back into 45 DTE index ETF setups.
WHAT I'M LOOKING AT NEXT WEEK: MON, EWZ, VIX PRODUCTS, FXEWith VIX at sub-14 levels and without much on the earnings calendar that is ideally playable with options from a premium selling standpoint, next week is likely to be a schnooze in the absence of a broad market volatility pop.
Nevertheless, there are a couple of plays I might consider.
MON: MON announces earnings on April 6th before market open. With an implied volatility rank of 58 and implied volatility of 32, it's not looking all that sexy for premium selling at the moment, with the preferred rank/IV metrics being >70 and >50, respectively. Nevertheless, the run-of-the-mill short strangle is offering up more than 1.00 credit ($100)/contract in premium at the moment, so it might be a worthwhile play (April 15th 81.5/94 short strangle).
EWZ: The Brazil ETF still has a bit of "kick" in it, with implied volatility rank at 72 and implied volatility at 58. For lack of premium selling elsewhere and to offset in part a tested iron fly setup I have on (see Post below), I've dispersed risk by laddering setups in this underlying (short strangles/iron condors) through several expiries, which doesn't tie up much buying power given the price of the underlying.
VIX/VXX: With VIX at these levels, I'm considering loading additional long positions here, although I don't want to go all crazy large at once. My setup of choice has been VXX long-dated diagonals/synthetic longs/poor man's covered calls with the back month long option in the September expiry, which allows me plenty of time to be right without having to leg into and out of, for example, short put verticals repeatedly. This also allows me to "swim with the tide" with the short call, since we're in contango here, which exerts a downward pressure on price (although this also affects the value of the long-dated option in the short term). (See VXX Posts, below).
As a side note, I'm avoiding plays in leveraged products like UVXY and SVXY due to pending SEC regulations that may affect these instruments. Although these regs are mainly focused on 2x and 3x leveraged products, I don't want to be in any leveraged product with a long-term setup whose liquidity and/or viability might be affected by implementation of the regs.
FXE: With the Euro hovering slightly below my sell area (1.14), I'm looking at getting into the Euro proxy FXE with a short play of some kind going forward. However, it may pay to be patient here, since we've have had "dovish gruntings" from the Fed which may put a damper on Greenback strength for a bit of time, as well as some modestly positive ECB data. As compared to spot, I could still potentially pull the trigger on a short FXE setup of some kind here, steering well clear of recent strength areas (e.g., 8/24 "risk off" spike to 114.81 or the Fib line at 116-ish).
Monsanto - Ichimoku buy signalIchimoku Buy and Sell Signals are noted on the chart above.
Today marked a buy signal
Ichimoku Rules:
Bullish Signals:
1. Price moves above Cloud (trend)
2. Cloud turns from red to green (ebb-flow within trend)
3. Price Moves above the Base Line (momentum)
4. Conversion Line moves above Base Line (momentum)
Bearish Signals:
1. Price moves below Cloud (trend)
2. Cloud turns from green to red (ebb-flow within trend)
3. Price Moves below Base Line (momentum)
4. Conversion Line moves below Base Line (momentum)
Bullish setup in MonsantoCCI breaks above zero have been bullish for Monsanto over the past year and today's gap up is signaling another one. We could see today's gap up result in a breakaway gap
Target $125