I'm trying to understand the concept of 'cloud' in the context of trading. I've heard this term being used a lot, but I'm not sure what it exactly means in this domain. Could someone please explain?
7 answers
CryptoNinja
Tue Dec 17 2024
Support and resistance levels are clearly identifiable through this chart.
Martina
Tue Dec 17 2024
The Ichimoku Cloud serves as a unique chart in technical analysis.
MysticRainbow
Tue Dec 17 2024
It is designed to present multiple aspects of market behavior in a single view.
CryptoTitan
Mon Dec 16 2024
Both TenkanSen and KijunSen resemble moving averages in their functionality.
benjamin_rose_author
Mon Dec 16 2024
Momentum, which indicates the strength of price movements, is also displayed.