ChartChameleon

ChartChameleon Updated 

Simple setup on the 1H. Target set from supply zone identified on the minute chart.

ChartChameleon Updated 

IDEA for a LONG after a CONFIRMED REVERSAL green triangle signal on the 4H, (provided by the CHAMELEON indicator). Target lines up with untapped SUPPLY, (provided by the CHAMELEON indicator)

ChartChameleon Updated 

A quick analysis using CHAMELEON. Daily is pointing down. CS = -2.5 Hours is looking downwards too - as a MAROON Candle printed. 15M printed an ORANGE PIVOT which if a break and retests follows would be useful as an SHORT ENTRY. The liquidity having been tapped to the UPSIDE and the YELLOW zone no longer active as support. Using the CHAMELEON ECOSYSTEM -...

ChartChameleon Updated 

Bullish FOREST GREEN indicator shown by indicator. Bullish GREEN background indicator shown by higher timeframe analysis. Demand area getting its second hit. Range playing out as shown. Most recent liquidity zone below range. VWAP area held as support.

ChartChameleon Updated 

In the world of the CHAMELEON, the YELLOW color acts like a guide on the highway. (Please see the youtube channel for details). On the basis of the strength of the DAILY idea, now watching for a lower timeframe entry. A retest of the YELLOW VWAP for ENTRY combined with the LOW of the nearest YELLOW for STOP Placement provides a valid trade idea with the next...

ChartChameleon Updated 

The CHAMELEON indicator painted a MAROON CANDLE. MAROON CANDLE predicts a price dip which is useful for a SHORT. Since this is on the 15m timeframe The OPEN of the MAROON would be a good place to consider adding to such a position. STOP LOSS at the HIGH of the MAROON. INITIAL TARGET shown by the ORANGE PIVOT range.

ChartChameleon

Price action has shown CONFIRMATION of REVERSAL as shown by the GREEN TRIANGLE under the candle following the YELLOW candle, with a GREEN BACKGROUND. CONTEXT FILTER is not denying this is a valid trade. Price has broken above VWAP resistance (YELLOW LINE). Wait for a retest of this level for the best entry. Target the seemingly untapped SUPPLY area shown by the...

ChartChameleon Updated 

Rationale Local Top forming on 15m. Sell Signal just printed on the 15m chart. Targets shown with Short Trade idea tool.

ChartChameleon

This is an update of the DAILY TRADE IDEA. "Possible ETH Short" Lower Timeframe is mimicking the higher timeframe pattern from the Daily Price also fell out of Pivot Range on 2H and retested. Argument for the Upside If the YELLOW Candle is followed by a one with a GREEN TRIANGLE, smashing through the top of the pivot range, then a substantial...

ChartChameleon

Arguments for the Short Idea: Sell label Downward trend was confirmed by 2 RED candles which show that the candlesticks are in a downward sequence. Price has broken below the Pivot Range to the downside, and has retested it. Arguments against the Short Idea: There has not been much follow through though and there are signs of a bounce on lower...

ChartChameleon

ETH Short signal already triggered. Not a bad place to add to the position perhaps?

ChartChameleon

BTC Short

ChartChameleon Updated 

BTC Short

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ZRX Long

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ETH SHORT TRADE Stop $90.27 Target $80.50

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A 20% increase is a feasible target on the daily chart.

ChartChameleon

Target 6% increase. Risk 3%

ChartChameleon Updated 

Target 3600