"One look equilibrium chart." A comprehensive indicator that defines support, resistance, trend direction, and momentum all at once.
BTCUSDT
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ETHUSDT
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The Ichimoku Cloud (Kumo) represents potential support/resistance zones. The thickness of the cloud indicates the strength of the volatility defined by historical price action. Prices above the cloud indicate a bullish trend, while prices below indicate bearishness.
Price closes ABOVE the cloud + Conversion Line (Tenkan) crosses ABOVE Base Line (Kijun).
Price closes BELOW the cloud + Conversion Line (Tenkan) crosses BELOW Base Line (Kijun).
Inside the cloud is "No Man's Land". Trading inside the cloud is choppy and unpredictable. Wait for a clear breakout.