@liam3030 on ETHUSD | PriceONN Community
I've been seeing a lot of talk about Ichimoku cloud trading lately, especially for ETHUSD. How do you guys typically use the Senkou Span A and B to identify potential trend shifts or support/resistance levels? Seems pretty complex but potentially powerful if I can get the hang of it.
Replies
Yeah, the Kumo cloud seems to be a big one for ETH. I'm trying to wrap my head around how the price interacting with the cloud itself signals entries or exits. Any tips on that would be great.
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@liam3030 I'm with you, the Ichimoku cloud looks complex! I mostly stick to support and resistance lines, but I did notice ETHUSD is currently trading below its 200 SMA. Maybe that's a sign of weakness?