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Ichimoku Cloud

ZUO Daily BreakoutZUO is beginning to breakout on the daily chart from the long term bearish trend line (purple) after crossing over the 200 period MA (yellow line). There is plenty of support from ichimoku clouds (green shaded area). The regression channel (red and blue shade) shows a 96% correlation which indicates this is a strong bullish trend (thick blue line). Bulls should be looking to buy on a red day that comes close to this trend line. The next key level of resistance is around 17, and should be monitored to see if the price can successfully break above. Historically, ZUO has played in very tight range bound areas.
NYSE:ZUOLong
by ArchersWingman
ZRX/BTC Ichimoku Cloud - Edge-To-Edge Strategy!The ZRX/BTC ichimoku cloud on the daily timeframe is undergoing an edge-to-edge move. This strategy involves price moving into the cloud from below, and closing inside of the cloud. Once this happens, the edge-to-edge idea suggests price will make its way through the cloud to the other end for a 'kumo breakout' above the cloud. Think of the cloud as an area of weak resistance/support. If you threw a rock at a real cloud, the rock would go right through that fluffy thing. Replace 'rock' with 'price' and you get the same idea here.
Long
by cryptochemistry
2
EURU USD ( just IDEA)hello , With the election of Biden as President of the United States and the policies of the party, the dollar will strengthen. Now given the technical situation and the analysis of the Ichimoku system, as you can see, the euro has a big and strong uptrend, so it is a bit difficult to expect the euro to fall from this point, so my guess is that the euro will rise to the previous level. Then, as the Ichimoku Cloud becomes thinner, the Euro will begin to fall by forming a double high pattern and descending from the thinned Ichimoku cloud zone. good luck.
by hrakbarzadeh
2