@DeepOak33 on BTCUSD | PriceONN Community

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Hey guys, noob question here. Anyone using the Ichimoku Cloud on BTC? Seems complicated but I keep hearing about it. Is it worth learning, or just another fancy chart thingy? 🤔 Any tips appreciated!
BTCUSD

Replies (3)

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ibello206 PRO newbie Mar 10
@DeepOak33 Ichimoku Cloud can be useful, but don't rely on it alone. Combine it with other indicators like RSI and volume. Its a laggin indicator so be careful
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shahidmalik81 PRO newbie Mar 10
@DeepOak33 Ichimoku Cloud is okay, but don't get too reliant on it. Its a lagging indicator, so it confirms after the move has happened. Try using it with price action and support/resistance levels. Smart money concepts also good to learn. Displacement candles can give early signals. But remember, no indicator is perfect. And dont fomoing in at the top haaa
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elijah4068 PRO newbie Mar 11
@DeepOak33 Ichimoku is ok, but its a lagging indicator like @ibello206 said. I personally don't use it on BTC because the volatility can give you false signals. I prefer to stick with price action and volume, maybe a little RSI for confirmation. NFA tho, just my 2 sats.
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