How to Read Ichimoku Cloud for Beginners
The Day I Lost $3,200 Because I Ignored the Ichimoku Cloud In February 2023, a trader named Marcus bought 2 ETH at $1,680 — right as the price was pressing against a thick red Ichimoku Cloud from below. Every signal was screaming "stay out." The Tenkan-sen had just crossed below the Kijun-sen. The Chikou Span was buried inside prior candles. The cloud was bearish and wide. Marcus didn't know what any of that meant. He bought anyway, chasing a green candle. Within six days, ETH dropped to $1,420. He exited at a $520-per-coin loss — $1,040 total — and swore he'd never trade without understanding his chart again. The Ichimoku Cloud indicator is one of the most complete technical analysis tools ever created. Unlike most indicators that show you only one dimension of price — momentum, or trend, or support — Ichimoku shows you all three at once : where price has been, where it is now, and where it is likely to go. That's not...